000740995 000__ 04313cam\a2200457\i\4500 000740995 001__ 740995 000740995 005__ 20210515111706.0 000740995 006__ m\\\\\o\\d\\\\\\\\ 000740995 007__ cr\cn\nnnunnun 000740995 008__ 160216t20162016njua\\\\ob\\\\001\0\eng|d 000740995 020__ $$a9781400873500$$q(electronic book) 000740995 020__ $$z9780691164007 000740995 035__ $$a(OCoLC)ocn932626420 000740995 035__ $$a(MiAaPQ)ebr11151398 000740995 035__ $$a740995 000740995 040__ $$aMiAaPQ$$beng$$erda$$epn$$cMiAaPQ$$dMiAaPQ 000740995 043__ $$an-us--- 000740995 050_4 $$aHG2563$$b.C596 2016eb 000740995 08204 $$a332.1/10973$$223 000740995 1001_ $$aConti-Brown, Peter,$$d1981-$$eauthor. 000740995 24514 $$aThe power and independence of the Federal Reserve$$h[electronic resource] /$$cPeter Conti-Brown. 000740995 264_1 $$aPrinceton, New Jersey :$$bPrinceton University Press,$$c[2016] 000740995 264_4 $$c©2016 000740995 300__ $$a1 online resource (xiv, 347 pages) :$$billustrations 000740995 336__ $$atext$$2rdacontent 000740995 337__ $$acomputer$$2rdamedia 000740995 338__ $$aonline resource$$2rdacarrier 000740995 504__ $$aIncludes bibliographical references and index. 000740995 5050_ $$aThe three foundings of the Federal Reserve -- Leadership and institutional change: from periphery to power -- Central banking by committee: the authority of the Fed's Board of Governors -- The "double government" of the Federal Reserve: the economists and the lawyers -- The vestigial and unconstitutional Federal Reserve Banks -- Practicing monetary policy: the rise and fall of the chaperone -- The once and future Federal Reserve: the Fed's banking functions -- The president and the Federal Reserve: the limits of law and the power of relationships -- Congress and the Fed: the curious case of the Fed's budgetary autonomy -- Club Fed: the communities of the Federal Reserve -- Proposals. 000740995 506__ $$aAccess limited to authorized users. 000740995 520__ $$a"The independence of the Federal Reserve is considered a cornerstone of its identity, crucial for keeping monetary policy decisions free of electoral politics. But do we really understand what is meant by "Federal Reserve independence"? Using scores of examples from the Fed's rich history, The Power and Independence of the Federal Reserve shows that much common wisdom about the nation's central bank is inaccurate. Legal scholar and financial historian Peter Conti-Brown provides an in-depth look at the Fed's place in government, its internal governance structure, and its relationships to such individuals and groups as the president, Congress, economists, and bankers. Exploring how the Fed regulates the global economy and handles its own internal politics, and how the law does--and does not--define the Fed's power, Conti-Brown captures and clarifies the central bank's defining complexities. He examines the foundations of the Federal Reserve Act of 1913, which established a system of central banks, and the ways that subsequent generations have redefined the organization. Challenging the notion that the Fed Chair controls the organization as an all-powerful technocrat, he explains how institutions and individuals--within and outside of government--shape Fed policy. Conti-Brown demonstrates that the evolving mission of the Fed--including systemic risk regulation, wider bank supervision, and as a guardian against inflation and deflation--requires a reevaluation of the very way the nation's central bank is structured. Investigating how the Fed influences and is influenced by ideologies, personalities, law, and history, The Power and Independence of the Federal Reserve offers a clear picture of this uniquely important institution"--$$cProvided by publisher. 000740995 588__ $$aDescription based on print version record. 000740995 61010 $$aUnited States.$$bFederal Reserve Board. 000740995 650_0 $$aFederal Reserve banks. 000740995 650_0 $$aBanks and banking, Central$$zUnited States. 000740995 650_0 $$aMonetary policy$$zUnited States. 000740995 651_0 $$aUnited States$$xEconomic policy. 000740995 77608 $$iPrint version:$$aConti-Brown, Peter.$$tPower and independence of the Federal Reserve.$$dPrinceton, New Jersey : Princeton University Press, [2016]$$z9780691164007$$w(DLC) 2015019984$$w(OCoLC)908084068 000740995 852__ $$bacq 000740995 85280 $$bebk$$hEbrary 000740995 85640 $$3ProQuest Ebook Central$$uhttps://univsouthin.idm.oclc.org/login?url=https://ebookcentral.proquest.com/lib/usiricelib-ebooks/detail.action?docID=4089501$$zOnline Access 000740995 909CO $$ooai:library.usi.edu:740995$$pGLOBAL_SET 000740995 980__ $$aEBOOK 000740995 980__ $$aBIB 000740995 982__ $$aEbook 000740995 983__ $$aOnline