Stewards of the Market How the Federal Reserve Made Sense of the Financial Crisis

Mitchel Abolafia goes behind the scenes with the Federal Reserve’s powerful Open Market Committee as it responded to the 2008–2009 financial crisis. Relying on verbatim transcripts of closed meetings, Abolafia shows how assumptions about self-correcting markets stymied the Fed and how its leaders ca...

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Bibliographic Details
Main Author: Abolafia, Mitchel Y.
Format: eBook
Language:English
Published: Cambridge ; Massachusetts ; London ; England Harvard University Press 2020, ©2020
Subjects:
Online Access:
Collection: DeGruyter MPG Collection - Collection details see MPG.ReNa
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520 |a Mitchel Abolafia goes behind the scenes with the Federal Reserve’s powerful Open Market Committee as it responded to the 2008–2009 financial crisis. Relying on verbatim transcripts of closed meetings, Abolafia shows how assumptions about self-correcting markets stymied the Fed and how its leaders came to embrace new ideas.