Monetary policy and the great inflation in the United States
Subtitle: the Federal Reserve and the failure of macroeconomic policy, 1965-1979
By: Thomas Mayer.
Publisher: Edward Elgar Pub.; Edward Elgar Publishing
Published: 1999
Place of publication: Cheltenham, Glos, UK; Northampton, Mass
Language: eng
Number of pages: 151
Subjects: Board of Governors of the Federal Reserve System (U.S.); Monetary policy -- United States -- History.; Inflation (Finance) -- United States -- History.; United States -- Economic policy -- 1961-1971.; United States -- Economic policy -- 1971-1981.
Description: This unique book deals with the most serious macroeconomic failure experienced in the US in the post-war period, the great inflation of the late 1960s and 1970s. It is the first detailed analysis, using Federal Reserve documents, of the thinking behind the inflationary monetary policy during this period. Monetary Policy and the Great Inflation in the United States will be welcomed by economists, political scientists and economic historians interested in monetary policy.
Notes: Includes bibliographical references and index.