Central Banking after the Great Recession: Lessons Learned, by David Wessel

By David Wessel

The worldwide monetary challenge is basically in the back of us, however the demanding situations it poses to the longer term balance of the world's financial system impacts every person from American households to major highway companies to Wall road monetary powerhouses. It has provoked controversy over tips on how to lessen the danger of a repeat of what proved to be the worst monetary hindrance because the nice melancholy. to explain these challenges—and the teachings learned—the Hutchins middle on economic and financial coverage at Brookings became to frontline policymakers and a few in their such a lot admired critics. crucial Banking after the nice Recession includes the ensuing learn, prime off with a telling interview among Ben Bernanke, then in his ultimate weeks as Federal Reserve chairman, and Liaquat Ahamed, writer of the Pulitzer Prize–winning Lords of Finance. Insightful chapters via John Williams of the San Francisco Federal Reserve financial institution, Paul Tucker of Harvard college, and Donald Kohn of Brookings speak about unconventional financial coverage, monetary rules, the influence of the concern at the independence of the Federal Reserve. every one bankruptcy is through a full of life debate.


1. Introduction

2. a talk with Ben Bernanke

3. financial coverage whilst premiums Hit 0: placing thought into Practice

4. Regulatory Reform: What'a performed? What Isn't?

5. Federal Reserve Independence after the monetary trouble: should still We Be Worried?

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