Stewards of the Market - How the Federal Reserve Made Sense of the Financial Crisis

About the author

Mitchel Y. Abolafia is Professor at the Rockefeller College of Public Affairs and Policy, University at Albany, State University of New York. He has taught at Cornell’s Johnson School of Management and MIT’s Sloan School of Management and is the author of Making Markets: Opportunism and Restraint on Wall Street.

Summary

Mitchel Abolafia goes behind the scenes with the Federal Reserve’s powerful Open Market Committee as it responded to the 2008 financial crisis. Relying on verbatim transcripts of closed meetings, Abolafia shows how assumptions about self-correcting markets stymied the Fed and how its leaders came to embrace new ideas.

Product details

• Authors: Mitchel Y Abolafia, Mitchel Y. Abolafia, Abolafia Mitchel Y.
• Publisher: Harvard University Press
• Languages: English
• Product format: Hardback
• Released: 10.03.2020
• EAN: 9780674980785
• ISBN: 978-0-674-98078-5
• No. of pages: 224
• Subjects: Social sciences, law, business > Sociology > Sociological theories; Sociology, SOCIAL SCIENCE / Sociology / General, BUSINESS & ECONOMICS / Economics / General, BUSINESS & ECONOMICS / Economic History, BUSINESS & ECONOMICS / Public Finance, federal reserve, Economic history, Popular economics, Public finance, Public finance and taxation