The Quiet Revolution
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The Quiet Revolution by Alan S Blinder
Although little noticed, the face of central banking has changed significantly over the past ten to fifteen years, says the author of this enlightening book. Alan S. Blinder, a former vice chairman of the Federal Reserve System and member of President Clinton’s Council of Economic Advisers, shows that the changes, though quiet, have been sufficiently profound to constitute a revolution in central banking. Blinder considers three of the most significant aspects of the revolution. The first is the shift toward transparency: whereas central bankers once believed in secrecy and even mystery, greater openness is now considered a virtue. The second is the transition from monetary policy decisions made by single individuals to decisions made by committees. The third change is a profoundly different attitude toward the markets, from that of stern schoolmarm to one of listener. With keenness and balance, the author examines the origins of these changes and their pros and cons.
"Professor Blinder's efforts to advance the cause of good monetary policy have led to new insights about the achievement of the ultimate objectives of monetary policyThis book will be remembered as an important treatise on the practice of central banking." Robert J. Shiller"
ALAN S. BLINDER is Gordon S. Rentschler Memorial Professor of Economics at Princeton University, where he has taught since 1971. He also founded and directs Princeton's Center for Economic Policy Studies. He has served as vice chairman of the Board of Governors of the Federal Reserve System and as a member of the president's Council of Economic Advisers. ELIE R. D. CANETTI is an economist for the International Monetary Fund. He previously worked at the World Bank and the United States Treasury. DAVID E. LEBOW is an economist at the Board of Governors of the Federal Reserve System. JEREMY B. RUDD is senior economist at the Council of Economic Advisers, Washington, D.C.
| SKU | Nicht verfügbar |
| ISBN 13 | 9780300100877 |
| ISBN 10 | 0300100876 |
| Titel | The Quiet Revolution |
| Autor | Alan S Blinder |
| Serie | Arthur Okun Memorial Lectures Series |
| Buchzustand | Nicht verfügbar |
| Bindungsart | Hardback |
| Verlag | Yale University Press |
| Erscheinungsjahr | 2004-03-11 |
| Seitenanzahl | 144 |
| Hinweis auf dem Einband | Die Abbildung des Buches dient nur Illustrationszwecken, die tatsächliche Bindung, das Cover und die Auflage können sich davon unterscheiden. |
| Hinweis | Nicht verfügbar |