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Cover: 9781735913704 | The Fed Unbound: Central Banking in a Time of Crisis | Lev Menand
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The Fed Unbound
Central Banking in a Time of Crisis
Taschenbuch von Lev Menand
Sprache: Englisch

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Beschreibung
"It is a bedrock principle of the US Constitution that Congress, as representatives of the people, sets economic policy and directs government resources. This all changed thirteen years ago, and even more dramatically during the pandemic. The Federal Reserve operates independently from the rest of the government, and can create as much money as it sees fit and use it without the prior approval of Congress, the courts, or the President. When the Fed creates new money to address economic problems, it helps certain groups, like powerful business interests, and becomes a massive driver of inequality. Menand tells the story of how the Fed became out of control during the 2008 financial crisis and the 2020 pandemic, and what can be done about it"--
"It is a bedrock principle of the US Constitution that Congress, as representatives of the people, sets economic policy and directs government resources. This all changed thirteen years ago, and even more dramatically during the pandemic. The Federal Reserve operates independently from the rest of the government, and can create as much money as it sees fit and use it without the prior approval of Congress, the courts, or the President. When the Fed creates new money to address economic problems, it helps certain groups, like powerful business interests, and becomes a massive driver of inequality. Menand tells the story of how the Fed became out of control during the 2008 financial crisis and the 2020 pandemic, and what can be done about it"--
Über den Autor
Lev Menand is an associate professor of law at Columbia Law School. He served as senior advisor to the Deputy Secretary of the Treasury from 2015–2016 and senior advisor to the Assistant Secretary for Financial Institutions from 2014–2015. He has also worked as an economist at the Federal Reserve Bank of New York in the Bank’s Supervision Group. He lives in New York City.
Details
Erscheinungsjahr: 2022
Fachbereich: Öffentliche Verwaltung
Genre: Soziologie
Rubrik: Wissenschaften
Medium: Taschenbuch
Inhalt: Kartoniert / Broschiert
ISBN-13: 9781735913704
ISBN-10: 1735913707
Sprache: Englisch
Einband: Kartoniert / Broschiert
Autor: Menand, Lev
Hersteller: Columbia Global Reports
Maße: 188 x 125 x 19 mm
Von/Mit: Lev Menand
Erscheinungsdatum: 10.05.2022
Gewicht: 0,204 kg
Artikel-ID: 120763995
Über den Autor
Lev Menand is an associate professor of law at Columbia Law School. He served as senior advisor to the Deputy Secretary of the Treasury from 2015–2016 and senior advisor to the Assistant Secretary for Financial Institutions from 2014–2015. He has also worked as an economist at the Federal Reserve Bank of New York in the Bank’s Supervision Group. He lives in New York City.
Details
Erscheinungsjahr: 2022
Fachbereich: Öffentliche Verwaltung
Genre: Soziologie
Rubrik: Wissenschaften
Medium: Taschenbuch
Inhalt: Kartoniert / Broschiert
ISBN-13: 9781735913704
ISBN-10: 1735913707
Sprache: Englisch
Einband: Kartoniert / Broschiert
Autor: Menand, Lev
Hersteller: Columbia Global Reports
Maße: 188 x 125 x 19 mm
Von/Mit: Lev Menand
Erscheinungsdatum: 10.05.2022
Gewicht: 0,204 kg
Artikel-ID: 120763995
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