"An ambitious history . . . [Hetzel's] book is a very important contribution to the literature on the history of U.S. monetary policy." ― EH.netIn The Federal Reserve: A New History, Robert L. Hetzel draws on more than forty years of experience as an economist in the central bank to trace the influences of the Fed on the American economy. Comparing periods in which the Fed stabilized the economy to those when it did the opposite, ...

Since publication of Hetzel's The Monetary Policy of the Federal Reserve (Cambridge University Press, 2008), the intellectual consensus that had characterized macroeconomics has disappeared. That consensus emphasized efficient markets, rational expectations and the efficacy of the price system in assuring macroeconomic stability. The 2008–9 recession not only destroyed the professional consensus about the kinds of models required to understand cyclical fluctuations but also revived the cre...

Le jeune Jim Hawkins est le fils du gérant de l'auberge « L'Amiral-Benbow ». Un jour, un vieux loup de mer chargé d'un coffre, et nommé Billy Bones, débarque à l'auberge et s'y installe. Jim est tout à la fois fasciné et terrifié par ce marin colérique, violent et ivrogne, d'autant qu'une obscure menace semble planer sur ce dernier.La menace se précise lorsque Pew, un pirate aveugle, arrive à l'auberge et donne à Billy Bones « la tache noire », annonciatrice de mort dans le monde d...

This book capitalizes on the authors' longitudinal perspective in program development in approaching a K-12 reading strategy, The school administrator and classroom teacher will find the book's guidelines right to the point. They hit the key issues involved in selecting a reading program: from forming workable and effective professional committees, to conducting the essential evaluations. Anyone who has been through this process will recognize the wealth of expertise required to condense w...

Le Roman Étrange en Angleterre...“Quelques lenteurs, il faut en convenir, embarrassent le début. Peu nous importent, par exemple, les idées et les habitudes de M. Utterson, un personnage d’arrière-plan, dépositaire du testament bizarre qui fait passer tous les biens de Henry Jekyll entre les mains de son ami Edward Hyde, dans le cas de la disparition du testateur.”Le Club du SuicideHistoire du jeune homme aux tartelettes à la crème