Download or read book Biographical Dictionary of the Board of Governors of the Federal Reserve written by Bernard S. Katz and published by Greenwood. This book was released on 1992 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: With the passage of the Federal Reserve Act of 1913, the United States formally established a middle ground between the competing forces of the bankers' need for private control and the populist call for governmental oversight. But despite its role as the nation's only centralized banking authority, and its importance as a decision-making body, the Federal Reserve as an institution has always been fiercely protective of its own independence. In this work, Bernard Katz sheds light on this important arm of the government, by profiling each member of the board of governors from the inception of the Federal Reserve in 1914 through January 1991. Katz's work begins with a preface and introduction that detail the creation of the Federal Reserve and the role played by the board of governors within the organization. Sixty-seven biographical sketches then profile each of the board's chairmen and vice-chairmen, providing detailed information on their backgrounds, training, politics, and even the pettiness and insecurities of their lives. Each contributor also chronicles the economic issues that surrounded each board member's tenure, as well as controversies within the board and the relationships and debates with specific presidents and administrations. This unique reference work will be a major addition to both public and academic libraries, and a valuable resource for students of the Federal Reserve system, monetary policy, and money and banking.

Download or read book The Federal Reserve System written by Donald R. Wells and published by McFarland. This book was released on 2017-01-27 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Federal Reserve banking system was created in 1913 in an effort to bring coherence to nationwide banking practices and prevent crises like the financial panic of 1907. Since it began operating in 1914, the Federal Reserve has played a crucial role in determining American financial policy and practice. It is largely an entity unto itself, operating independently, rarely subject to the political machinations of Congress or the presidency. Yet few Americans know how it works, and even fewer know anything of its history. This history of the Federal Reserve begins by giving an overview of American banking practices before the Federal Reserve's formation. The events leading to the Reserve's creation, and its early trials and tribulations, are then documented. Subsequent chapters track the Federal Reserve's history: its role during times of financial and military crisis, its relationship to each presidential administration, and the Fed's evolution as its leadership has changed over the years. The history wraps up with the Alan Greenspan era, explaining major changes in the institution's operating procedures since the 1980s. An appendix lists all members of the Federal Reserve Board of Governors, from its formation until 2003.

Download or read book Biographical Dictionary of the United States Secretaries of the Treasury 1789 1995 written by Bernard S. Katz and published by Bloomsbury Publishing USA. This book was released on 1996-12-09 with total page 430 pages. Available in PDF, EPUB and Kindle. Book excerpt: Describing the men who have led the U.S. Treasury since its creation in 1789, this book profiles those who have held the cabinet position of Secretary of the Treasury from Alexander Hamilton to Robert Rubin. Each profile provides the reader with an understanding of the man, the problems he faced, and the contributions he made. While focusing on the economic policy problems of an era and the solutions the secretary offered, each profile also includes a vignette illustrating the secretary's personality and background. Some represent backgrounds of money and power, others backgrounds of simplicity and anonymity. Some came to the office with greater stature than when they left, while others made a significant mark on our nation's financial history. Alexander Hamilton, the first Secretary of the Treasury, besides collecting and dispersing the public revenue, made the Treasury a prime agency for promoting the country's economic development and fiscal soundness. Since the Great Depression, the Treasury's regulatory functions have been articulated and elaborated. Working with the President's cabinet and with maximum statistical data, the secretaries have sought to analyze the economic outlook and to coordinate official actions, including policies to maintain a strong and stable U.S. dollar. The essays in this book, written by 24 authorities, illustrate how the Secretary of the Treasury is responsible for formulating and recommending domestic and international financial, economic, and tax policy, participating in the formulation of broad fiscal policies with general significance for the economy, and managing the public debt. The biographies illustrate continuing themes of fiscal management as our nation evolved over 200 stormy years of history. They also provide an intimate look at 69 individual secretaries, with stories and facts about their leadership, ideas, style, and administrative prowess, together with their personality and family lives.

Download or read book A History of the Federal Reserve written by Allan H. Meltzer and published by University of Chicago Press. This book was released on 2010-02-15 with total page 815 pages. Available in PDF, EPUB and Kindle. Book excerpt: Allan H. Meltzer's monumental history of the Federal Reserve System tells the story of one of America's most influential but least understood public institutions. This first volume covers the period from the Federal Reserve's founding in 1913 through the Treasury-Federal Reserve Accord of 1951, which marked the beginning of a larger and greatly changed institution. To understand why the Federal Reserve acted as it did at key points in its history, Meltzer draws on meeting minutes, correspondence, and other internal documents (many made public only during the 1970s) to trace the reasoning behind its policy decisions. He explains, for instance, why the Federal Reserve remained passive throughout most of the economic decline that led to the Great Depression, and how the Board's actions helped to produce the deep recession of 1937 and 1938. He also highlights the impact on the institution of individuals such as Benjamin Strong, governor of the Federal Reserve Bank of New York in the 1920s, who played a key role in the adoption of a more active monetary policy by the Federal Reserve. Meltzer also examines the influence the Federal Reserve has had on international affairs, from attempts to build a new international financial system in the 1920s to the Bretton Woods Agreement of 1944 that established the International Monetary Fund and the World Bank, and the failure of the London Economic Conference of 1933. Written by one of the world's leading economists, this magisterial biography of the Federal Reserve and the people who helped shape it will interest economists, central bankers, historians, political scientists, policymakers, and anyone seeking a deep understanding of the institution that controls America's purse strings. "It was 'an unprecedented orgy of extravagance, a mania for speculation, overextended business in nearly all lines and in every section of the country.' An Alan Greenspan rumination about the irrational exuberance of the late 1990s? Try the 1920 annual report of the board of governors of the Federal Reserve. . . . To understand why the Fed acted as it did—at these critical moments and many others—would require years of study, poring over letters, the minutes of meetings and internal Fed documents. Such a task would naturally deter most scholars of economic history but not, thank goodness, Allan Meltzer."—Wall Street Journal "A seminal work that anyone interested in the inner workings of the U. S. central bank should read. A work that scholars will mine for years to come."—John M. Berry, Washington Post "An exceptionally clear story about why, as the ideas that actually informed policy evolved, things sometimes went well and sometimes went badly. . . . One can only hope that we do not have to wait too long for the second installment."—David Laidler, Journal of Economic Literature "A thorough narrative history of a high order. Meltzer's analysis is persuasive and acute. His work will stand for a generation as the benchmark history of the world's most powerful economic institution. It is an impressive, even awe-inspiring achievement."—Sir Howard Davies, Times Higher Education Supplement

Download or read book Federal Reserve System written by George B. Grey and published by Nova Publishers. This book was released on 2002 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt: If English is rapidly becoming the international language of choice and necessity, the dollar is racing ahead as the world's currency. This somewhat astonishing development is due in large part to the actions, and deliberate non-actions, of the Federal Reserve. This organisation is responsible for tweaking, pushing and pulling the financial and economic infrastructure of America when it deems it necessary. Its moves and non-moves are scrutinised, analysed, and criticised. This new book offers an in-depth presentation of the proposes and functions of the Federal reserve, several analytical articles and an in-depth bibliography.

Download or read book A Biographical Dictionary of Dissenting Economists written by Philip Arestis and published by Edward Elgar Publishing. This book was released on 2001-01-01 with total page 744 pages. Available in PDF, EPUB and Kindle. Book excerpt: Annotation.

Download or read book Volcker written by William L. Silber and published by Bloomsbury Publishing USA. This book was released on 2012-09-04 with total page 497 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the course of nearly half a century, five American presidents-three Democrats and two Republicans-have relied on the financial acumen, and the integrity, of Paul A. Volcker. During his tenure as chairman of the Federal Reserve Board, when he battled the Great Inflation of the 1970s, Volcker did nothing less than restore the reputation of an American financial system on the verge of collapse. After the 2008 financial meltdown, the nation turned again to Volcker to restore trust in a shaky financial system: President Obama would name his centerpiece Wall Street regulation the Volcker Rule. Volcker's career demonstrated that a determined central banker can prevail over economic turmoil-so long as he can resist relentless political pressure. His resolve and independent thinking-sorely tested by Richard Nixon, Jimmy Carter, and Ronald Reagan-laid the foundation for a generation of economic stability. Indeed, William L. Silber argues, it was only Volcker's toughness on monetary policy that "forced Reagan to be Reagan" and to rein in America's deficit. Noted scholar and finance expert Silber draws on hours of candid personal interviews and complete access to Volcker's personal papers to render dramatic behind-the-scenes accounts from Volcker's career at the Treasury Department and the Federal Reserve: secret negotiations with European ministers; confrontations with the White House; crisis conferences with Wall Street titans, and even tense boardroom rebellions within the Fed itself. Filled with frank commentary from Volcker himself-including why he was personally irked with the "Volcker Rule" label-this will be the definitive account of Volcker's indispensable role in American economic history.

Download or read book ARBA Guide to Biographical Resources 1986 1997 written by Robert L. Wick and published by Englewood, Colo. : Libraries Unlimited. This book was released on 1998 with total page 648 pages. Available in PDF, EPUB and Kindle. Book excerpt: This single-source guide to selected biographical dictionaries and directories covers the entire spectrum of biographical sources (serial and nonserial) that have been published in the last ten years. In each entry the book gives complete bibliographic information along with price and a critical evaluation. Most entries have been selected from American Reference Books Annual (ARBA), between 1986 and 1997. Organized in two broad categories-International and National Biographies and Biographies in Professional Fields-listings are also easily accessed through detailed author/title and subject indexes. This work will be valuable to reference librarians, researchers, and others who require information on the lives of individuals from all fields of study and all time periods, and of particular use to those involved in the library acquisition process.

Download or read book Bankers Bureaucrats and Central Bank Politics written by Christopher Adolph and published by Cambridge University Press. This book was released on 2013-04-15 with total page 389 pages. Available in PDF, EPUB and Kindle. Book excerpt: Adolph illustrates the policy differences between central banks run by former bankers relative to those run by bureaucrats.

Download or read book Presidential Control over Administration written by Patrick O'Brien and published by University Press of Kansas. This book was released on 2022-04-27 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: The US Constitution recognizes the president as the sole legal head of the executive branch. Despite this constitutional authority, the president’s actual control over administration varies significantly in practice from one president to the next. Presidential Control over Administration provides a new approach for studying the presidency and policymaking that centers on this critical and often overlooked historical variable. To explain the different configurations of presidential control over administration that recur throughout history—collapse, innovation, stabilization, and constraint—O’Brien develops a new theory that incorporates historical variation in a combination of key restrictions such as time, knowledge, and the structure of government as well as key incentives such as providing acceptable performance and implementing preferred policies. O’Brien then tests the argument by tracing the policymaking process in the domain of public finance across nearly a century of history, beginning with President Herbert Hoover during the Great Depression and ending with the first two years of the Trump presidency. Although the book focuses on historical variation in presidential control, especially during the New Deal era and the Reagan era, the theory and empirical analysis are highly relevant for recent incumbents. In particular, O’Brien shows that during the Great Recession and beyond the initial efforts of Presidents Barack Obama and Donald Trump to change the established course during a period of unified party control of the government were largely undercut by each president’s limited control over administration. Presidential Control over Administration is a groundbreaking contribution to our understanding of the presidency and policymaking.

Download or read book The Federal Reserve System written by Rik W. Hafer and published by Bloomsbury Publishing USA. This book was released on 2005-07-30 with total page 486 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Federal Reserve System, founded in 1913, is recognized as one of the most influential policy-making bodies in the United States. Its duties including managing the country's monetary policy, regulating and supervising banks, and monitoring the financial system, set it apart from other government agencies. Hafer provides a comprehensive explanation of the Federal Reserve System, describing its structure and process, policies, people, and key events. Arranged alphabetically, over 250 entries define and describe topics related to the Fed and United States monetary policy, including Alan Greenspan, Black Monday of 1929, Euro, Federal Reserve Act of 1913, Prime rate, and Treasury financing. Numerous appendices supplement the A-to- Z entries, providing insight into the secretive and powerful Federal Reserve Bank, the keepers of America's monetary system.

Download or read book Business Cycles and Depressions written by David Glasner and published by Routledge. This book was released on 2013-12-16 with total page 800 pages. Available in PDF, EPUB and Kindle. Book excerpt: Experts define, review, and evaluate economic fluctuations Economic and business uncertainty dominate today's economic analyses. This new Encyclopedia illuminates the subject by offering 323 original articles on every major aspect of business cycles, fluctuations, financial crises, recessions, and depressions. The work of more than 200 experts, including many of the leading researchers in the field, the articles cover a broad range of subjects, including capsule biographies of leading economists born before 1920. Individual entries explore banking panics, the cobweb cycle, consumer durables, the depression of 1937-1938, Otto Eckstein, Friedrich Engels, experimental price bubbles, forced savings, lass-Steagall Act, Friedrich hagen, qualitative indicators, use of macro-econometric models, monetary neutrality, Phillips Curve, Paul Samuelson, Say's law, supply-side recessions, James Tokin, trend and random wages, Thorstein Veblen, worker-job turnover, and more.

Download or read book Chairman of the Fed written by Robert P. Bremner and published by Yale University Press. This book was released on 2008-10-01 with total page 374 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the first biography of William McChesney Martin, Jr. (1906-1998), the first paid president of the New York Stock Exchange and the chairman of the Federal Reserve System under Presidents Truman to Nixon. The extent of Martin’s influence on the course of American economic history was significant: arguably he has done more to strengthen and reform the nation’s most important financial institutions than has any other individual. Chairman of the Fed tells Martin’s fascinating life story and explains his lasting impact on the NYSE and the Fed, both troubled institutions that Martin transformed. The book provides an inside look into the economic deliberations of five presidential administrations and describes Martin’s battles to bring about ethical and intelligent regulation of U.S. financial markets. His experiences shed light not only on the evolution of the American financial system but also on critical issues that confront the system today.

Download or read book The Biographical Dictionary of Iowa written by David Hudson and published by University of Iowa Press. This book was released on 2009-05 with total page 609 pages. Available in PDF, EPUB and Kindle. Book excerpt: Iowa has been blessed with citizens of strong character who have made invaluable contributions to the state and to the nation. In the 1930s alone, such towering figures as John L. Lewis, Henry A. Wallace, and Herbert Hoover hugely influenced the nation’s affairs. Iowa’s Native Americans, early explorers, inventors, farmers, scholars, baseball players, musicians, artists, writers, politicians, scientists, conservationists, preachers, educators, and activists continue to enrich our lives and inspire our imaginations. Written by an impressive team of more than 150 scholars and writers, the readable narratives include each subject’s name, birth and death dates, place of birth, education, and career and contributions. Many of the names will be instantly recognizable to most Iowans; others are largely forgotten but deserve to be remembered. Beyond the distinctive lives and times captured in the individual biographies, readers of the dictionary will gain an appreciation for how the character of the state has been shaped by the character of the individuals who have inhabited it. From Dudley Warren Adams, fruit grower and Grange leader, to the Younker brothers, founders of one of Iowa’s most successful department stores, The Biographical Dictionary of Iowa is peopled with the rewarding lives of more than four hundred notable citizens of the Hawkeye State. The histories contained in this essential reference work should be eagerly read by anyone who cares about Iowa and its citizens. Entries include Cap Anson, Bix Beiderbecke, Black Hawk, Amelia Jenks Bloomer, William Carpenter, Philip Greeley Clapp, Gardner Cowles Sr., Samuel Ryan Curtis, Jay Norwood Darling, Grenville Dodge, Julien Dubuque, August S. Duesenberg, Paul Engle, Phyllis L. Propp Fowle, George Gallup, Hamlin Garland, Susan Glaspell, Josiah Grinnell, Charles Hearst, Josephine Herbst, Herbert Hoover, Inkpaduta, Louis Jolliet, MacKinlay Kantor, Keokuk, Aldo Leopold, John L. Lewis, Marquette, Elmer Maytag, Christian Metz, Bertha Shambaugh, Ruth Suckow, Billy Sunday, Henry Wallace, and Grant Wood. Excerpt from the entry on: Gallup, George Horace (November 19, 1901–July 26, 1984)—founder of the American Institute of Public Opinion, better known as the Gallup Poll, whose name was synonymous with public opinion polling around the world—was born in Jefferson, Iowa. . . . . A New Yorker article would later speculate that it was Gallup’s background in “utterly normal Iowa” that enabled him to find “nothing odd in the idea that one man might represent, statistically, ten thousand or more of his own kind.” . . . In 1935 Gallup partnered with Harry Anderson to found the American Institute of Public Opinion, based in Princeton, New Jersey, an opinion polling firm that included a syndicated newspaper column called “America Speaks.” The reputation of the organization was made when Gallup publicly challenged the polling techniques of The Literary Digest, the best-known political straw poll of the day. Calculating that the Digest would wrongly predict that Kansas Republican Alf Landon would win the presidential election, Gallup offered newspapers a money-back guarantee if his prediction that Franklin Delano Roosevelt would win wasn’t more accurate. Gallup believed that public opinion polls served an important function in a democracy: “If govern¬ment is supposed to be based on the will of the people, somebody ought to go and find what that will is,” Gallup explained.

Download or read book It Was a Very Good Year written by Martin S. Fridson and published by John Wiley & Sons. This book was released on 1998-01-05 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bisweilen schießen die Finanzmärkte entgegen allen Erwartungen in die Höhe und verschaffen den Investoren so überdurchschnittlich hohe Renditen von 35% und mehr in einem einzigen Jahr. Einmal ist es der Aktienmarkt, dann der Rentenmarkt oder der Immobilienmarkt. Dies ist das erste Buch, das den Versuch unternimmt, zu erklären, warum bestimmte Investitionen zu verschiedenen Zeiten in die Höhe geschnellt sind, damit Investoren ähnliche Trends in Zukunft rechtzeitig erkennen können. Jedes Kapitel vermittelt dem Leser einen echten Einblick in die Ereignisse der 10 besten Hausse-Jahre des vergangenen Jahrhunderts. Unterhaltsam und fesselnd geschrieben, gespickt mit zahlreichen historischen Anekdoten und schillernden Persönlichkeiten aus der jeweiligen Zeit, ist dieses Buch eine willkommene Lektüre nicht nur für Investoren, Finanzexperten, Journalisten und Studenten der Finanz- und Wirtschaftswissenschaften, sondern ebenso für Interessierte Laien. (01/98)

Download or read book Infrastructure and Services written by David O. Whitten and published by Greenwood. This book was released on 2000-06-30 with total page 622 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides a consolidated history of U.S. business and a guide to a plethora of information sources, indicating what is useful and what is not.

Download or read book Business Information Sources written by Lorna M. Daniells and published by Univ of California Press. This book was released on 1976-01-01 with total page 456 pages. Available in PDF, EPUB and Kindle. Book excerpt: Annotated bibliography and guide to sources of information on business and management - includes material reating to accounting, taxation, computers and management information systems, insurance, real estate business, marketing, personnel management, labour relations, etc.