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This is an extremely educational book about the development of Federal Reserve policy as well as about the development of the Central Bank. What I most enjoy reading is the interplay between the monetary policymakers and the political policymakers. The vocabulary is a bit specific, even for an economist, and one will have to work a bit to follow the discussion.
Review: The Monetary Policy of the Federal Reserve: A HistoryUser Review - Garett - Goodreads
This book is a 21st century version of Friedman and Schwartz's classic Monetary History of the United States. The monetarist-leaning author shows how the Fed won the battle over inflation in some ... Read full review
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