Title: Keeping at it
Description: As chairman of the Federal Reserve (1979-1987), Paul Volcker slayed the inflation dragon that was consuming the American economy and restored the world's faith in central bankers. That extraordinary feat was just one pivotal episode in a decades-long career serving six presidents. Told with wit, humor, and down-to-earth erudition, the narrative of Volcker's career illuminates the changes that have taken place in American life, government, and the economy since World War II. He vibrantly illustrates the crises he managed alongside the world's leading politicians, central bankers, and financiers. Yet he first found his model for competent and ethical governance in his father, the town manager of Teaneck, NJ, who instilled Volcker's dedication to absolute integrity and his "three verities" of stable prices, sound finance, and good government.
Subjects: Monetary policy, Economists, Economic policy, Officials and employees, Board of Governors of the Federal Reserve System (U.S.), Biography, History, Economists, biography, United states, economic policy, 1971-1981, United states, economic policy, 1981-1993, Monetary policy, united states, Employees, BIOGRAPHY & AUTOBIOGRAPHY / Political, BUSINESS & ECONOMICS / Government & Business, BUSINESS & ECONOMICS / Money & Monetary Policy
Places: United States
People: Paul A. Volcker
Time periods: 1971-1981, 20th century, 1981-1993