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Term at the Fed An Insider's View

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ISBN-10: 0060542713

ISBN-13: 9780060542719

Edition: N/A

Authors: Laurence H. Meyer

List price: $16.99
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Description:

Over the last 20 years, no government institution has been more important to our economy than the Federal Reserve. Under Alan Greenspan, the Fed has exerted its powers in ways that affect the economic wellbeing of every citizen and every business. For the first time, a former Fed Governor shows the American public the inner workings of the Fed how it gets things done, how it reacts to crises, how it operates within the Washington political scene. In 1996, the beginning of Laurence H. Meyer's tenure on the Board of Governors, the United States was well into the most prosperous time in its history. Soon to follow, however, were the Asian Financial Crisis, the Long Term Capital disaster, the stock market meltdown, and of course, September 11. All will be discussed from Meyer's unique perspective at the Fed along with other events, the people, the policies, the politics, and, of course, the role of Chairman Greenspan. In A Term at the Fed, Meyer provides readers with a behind the scenes look into life at the Fed during a time of unprecedented growth and subsequent economic malaise. Weaving firsthand stories about the challenges of policy making with an insightful look at the highly politicized atmosphere at the board, Meyer makes accessible the process of decisionmaking, the strategy underlying monetary policy actions and the life of a Fed Governor. Meyer's explanations of economic policy as well as colourful descriptions of life at the Fed will provide readers with a never before seen glimpse behind the closed doors of one of the country's most powerful institutions.
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Book details

List price: $16.99
Publisher: HarperCollins Publishers
Publication date: 1/3/2006
Binding: Paperback
Pages: 288
Size: 5.25" wide x 8.00" long x 0.75" tall
Weight: 0.440
Language: English

Laurence H. Meyer served on the Federal Reserve Board of Governors from June 1996 through January 2002, and is currently a Distinguished Scholar at the Center for Strategic and International Studies in Washington, D.C. Prior to his appointment to the Board of Governors, Meyer founded Laurence H. Meyer and Associates, a consulting firm that specializes in macroeconomic forecasting and policy analysis. Meyer taught at Washington University for 27 years and received his Ph.D. from MIT. He lives in Washington, D.C.

Acknowledgments
Preface
Introduction
Getting There
Come with Me to the FOMC
Hawks and Doves
Temporary Bliss or Permanent Bliss
Global Financial Turbulence
It's Productivity, Stupid!
Irrational Exuberance
Landings
What Happened to the New Economy?
New Challenges
Looking Forward
Alan, I Hardly Knew You
Appendix
Notes
References
Index