A Monetary and Fiscal History of the United States, 1961-202

ISBN: 0691238383

Author: Blinder, Alan S.

Condition: new

From the New York Times bestselling author, the fascinating story of U.S. economic policy from Kennedy to Biden-filled with lessons for todayIn this book, Alan Blinder, one of the worlds most influential economists and one of the fields best writers, draws on his deep firsthand experience to provide an authoritative account of sixty years of monetary and fiscal policy in the United States. Spanning twelve presidents, from John F. Kennedy to Joe Biden, and eight Federal Reserve chairs, from William McChesney Martin to Jerome Powell, this is an insiders story of macroeconomic policy that hasnt been told before-one that is a pleasure to read, and as interesting as it is important.Focusing on the most significant developments and long-term changes, Blinder traces the highs and lows of monetary and fiscal policy, which have by turns cooperated and clashed through many recessions and several long booms over the past six decades. From the fiscal policy of Kennedys New Frontier to Bidens responses to the pandemic, the book takes readers through the stagflation of the 1970s, the conquest of inflation under Jimmy Carter and Paul Volcker, the rise of Reaganomics, and the bubbles of the 2000s before bringing the story up through recent events-including the financial crisis, the Great Recession, and monetary policy during COVID-19.A lively and concise narrative that is sure to become a classic, A Monetary and Fiscal History of the United States, 1961-2021 is filled with vital lessons for anyone who wants to better understand where the economy has been-and where it might be headed.