Fed power : how finance wins / Lawrence R. Jacobs and Desmond King.
Material type:
TextPublisher: New York, NY : Oxford University Press, [2016]Description: viii, 252 pages : illustrations ; 25 cmContent type: - text
- unmediated
- volume
- 9780199388967 (hardback)
- 332.110973 23 J.L.F
Includes bibliographical references (pages 189-244) 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.
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"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"-- Provided by publisher.
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