"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...

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...

Economics has the capacity to offer us deep insights into some of the most formidable problems of life, and offer solutions to them too. Combining a global approach with examples from everyday life, Partha Dasgupta describes the lives of two children who live very different lives in different parts of the world: in the Mid-West USA and in Ethiopia. He compares the obstacles facing them, and the processes that shape their lives, their families, and their futures. He shows how economics unco...

While some parents think that phonics come naturally, a little push will still be welcome. Phonics is a step towards reading and spelling through listening. It will be impossible to spell if a child is unable to recognize the sounds in words. This workbook is composed of letters with corresponding written object examples, accompanied by pictures. Have a copy today!

The IMF and the World Bank have integrated a large number of countries into the world economy by requiring governments to open up to global trade, investment, and capital. They have not done this out of pure economic zeal. Politics and their own rules and habits explain much of why they have presented globalization as a solution to challenges they have faced in the world economy.—from the IntroductionThe greatest success of the International Monetary Fund and the World Bank has bee...

How does the bitcoin protocol work? A person cannot mix indefinite bitcoins. The bitcoin protocol states that there will only be twenty-one million bitcoins to be produced by the miners. These bitcoins will then be subdivided into smaller bits. The smallest bit is called ‘satoshi’ named after the bitcoin founder and the divisible amount is one hundred millionth of a bitcoin. Bitcoin currency is based on mathematical formulas unlike our conventional currency that is based on...

What can we learn from Bitcoin and Burning Man about re-inventing money and designing better forms of self-governance?  Why are “decentralized autonomous organizations” the next great Internet disruption? From Bitcoin to Burning Man and Beyond:  The Quest for Autonomy and Identity in a Digital Society explores a new generation of digital technologies that are re-imagining the very foundations of identity, governance, trust and social organization.  Th...

This primer will give you everything you need to know rather than everything there is to know about gold and inflation. From the birth of money to current gold investment vehicles, The Prudent Investor's Guide to Owning Gold is a great guide for those interested in investing in the most famous of precious metals. Furthermore, it will likely prompt concern with where the dollar is headed as it highlights the current state of inflation and the potential threat of hyperinflation.

Ben Bernanke's swearing in as Federal Reserve chairman in 2006 marked the end of Alan Greenspan's long, legendary career. To date, the new chair has garnered mixed reviews. Business economists see him as the best-qualified successor to Greenspan, while many traders and investors worry that he's too academic for the job. Meanwhile, many ordinary Americans do not even know who he is.How will Bernanke's leadership affect the Fed's actions in the coming years? How will Bernanke build o...

Domestic and foreign financial assets of all central banks and public wealth funds worldwide are estimated to have reached more than 12 trillion US dollars in 2007. How do these institutions manage such unprecedented growth in their financial assets and how have they responded to the 'revolution' of risk management techniques during the last two decades? This book surveys the fundamental issues and techniques associated with risk management and shows how central banks and other public inve...

For TIME magazine picturing an Italian guy on the front cover of its international edition, with no disparaging intentions, is a rare event by itself and one of great pride for us, who are the man’s fellow citizens. Our pleasure reaches the climax when we find out the person in the picture is our Premier and the caption is: Can this man save Europe? Mind you: Europe, not Italy, as one could expect. Under the conditions, writing about him, however shortly, becomes irresistible for a man, li...