The Myth of Independence: How Congress Governs the Federal Reserve

by Mark Spindel and Sarah A. Binder

Book Overview

Born out of crisis a century ago, the Federal Reserve has become the most powerful macroeconomic policymaker and financial regulator in the world. The Myth of Independence traces the Fed's transformation from a weak, secretive, and decentralized institution in 1913 to a remarkably transparent central bank a century later. Offering a unique account of Congress's role in steering this evolution, Sarah Binder and Mark Spindel explore the Fed's...

• Format: Hardcover
• Language: English
• ISBN: 0691163197
• ISBN13: 9780691163192
• Release Date: September 2017
• Publisher: Princeton University Press
• Length: 296 Pages
• Weight: 1.42 lbs.
• Dimensions: 1.2" x 6.4" x 9.3"