Jacobs, Lawrence R.

Fed power : how finance wins and democratic accountability is restored / Lawrence R. Jacobs, Desmond King. - New York, NY : Oxford University Press, (c)2016. - 1 online resource.

Includes bibliographies and index.

Machine generated contents note: -- Chapter 1: Why Fed Power Matters -- Chapter 2: The Rise of the Fed State -- Chapter 3: Concealed Advantage -- Chapter 4: The Fed's Legitimacy Gap -- Chapter 5: Preparing for the Next Financial Crisis.

"Fed Power reveals how America's central bank undermined democratic accountability and widened economic inequality. It traces the Fed's historic rise to unparalleled power and capacity on domestic policy and its unilateral decisions during the 2008-9 financial crisis to leverage half of the country's net worth to the benefit of finance"--



9780199388974 9780199388981

2015050008


Federal Reserve banks--History.
Banks and banking, Central--History.--United States
Monetary policy--History.--United States
Government accountability--History.--United States
Equality--History.--United States
Democracy--History.--United States


Electronic Books.

HG2563 / .F437 2016