monetary policy

Explains currency devaluation, its causes, and its effects.

Uses several of the author's newspaper columns in the New York Times to describe in chronological-order how George Bush's "boom economy" has failed.

Draws on legal transcripts and testimony to reveal the mistakes Alan Greenspan made during his nineteen-year career as Federal Reserve Chairman and examines how those mistakes left a lasting impact on the American, and global, economies.

This collection of think pieces looks at various post-Sept. 11 economic issues. New York Times columnist Krugman examines corporate scandals, the California energy crisis, and dissention within the Bush administration, and offers ideas for economic recovery.

Provides an explanation of how the Federal Reserve works, shares behind-the-scenes stories from throughout the history of the Federal Reserve, and looks at how the powers of the financial institution have changed in recent years.

Studies the concepts and forms of money and banking, purchasing power, saving, spending, and borrowing, and examines the operation of institutions that facilitate financial transactions.

Explores the functioning of the Federal Reserve and monetary policy in the United States. Discusses how these topics contribute to the overall functioning of the nation's economic system and includes color photographs, a glossary, and further reading sources.

For fifty years, economists have been developing elegant theories of how markets facilitate innovation, create wealth, and allocate society's resources efficiently. But what about when they fail, when they lead us to stock market bubbles, glaring inequality, polluted rivers, and credit crunches? In How Markets Fail, John Cassidy describes the rising influence of "utopian economics"-the thinking that is blind to how real people act and that denies the many ways an unregulated free market can bring on disaster. Combining on-the-ground reporting and clear explanations of economic theories, Cassidy warns that in today's economic crisis, following old orthodoxies isn't just misguided-it's downright dangerous.

Chronicles the political struggles that led to an American financial crisis when the stock market collapsed in 1987.