Back from the Brink: The Greenspan Years

By Steven K. Beckner

Book Overview

Alan Greenspan's career as Federal Reserve Chairman is a blow by blow story about how power is wielded in Washington. Amidst the turbulence of his past eight years in office, Greenspan has struggled to maintain a stable monetary policy while facing issues of global importance: the international status of the dollar, federal budget deficits, and, most emphatically, the battle to limit inflation. The book reveals the subtleties of monetary policy in its mission to explain how Greenspan has fostered change in the past eight years at the Federal Reserve. It provides an easy-to-understand grasp of interest and exchange rate fluctuations, how to read economic indicators, and how the policies of the Federal Reserve affect Americans, and the world, on the individual level. The book exposes facts and anecdotes about the Central Bank and its deliberate (and even risky) strategies to reduce inflation.

• Format: Paperback
• Language: English
• ISBN: 0471325740
• ISBN13: 9780471325741
• Release Date: February 1999
• Publisher: Wiley
• Length: 452 Pages
• Weight: 1.30 lbs.
• Dimensions: 8.8" x 1.2" x 5.5"

Customer Reviews

Excellent and informative

We always watch the yield curve and try to unsuccesfully predict how changes in its slope might affect market expectations. Knowing about the person who indirectly draws it makes a lot of sense. Undoubtly, Alan Greenspan will be remembered for many years to come as one of the greatest economic minds of this century. Highly recommended. Not very technical which makes it an easy read...

Excellent and informative

We always watch the yield curve and try to unsuccesfully predict how changes in its slope might affect market expectations. Knowing about the person who indirectly draws it makes a lot of sense. Undoubtly, Alan Greenspan will be remembered for many years to come as one of the greatest economic minds of this century. Highly recommended. Not very technical which makes it an easy read.