A History of Central Banking in Great Britain and the United States by John H. W
It should be required reading for anyone concerned with monetary institutions and the battle between rules and discretion in policymaking. Edward Prescott, Nobel Laureate, Federal Reserve Bank of Minneapolis Edward Prescott (Nobel Laureate, Federal Reserve Bank of Minneapolis), Edward Prescott, Nobel Laureate, Federal Reserve Bank of Minneapolis 'By bringing the pieces together and focusing on the evolution of central bankers this book enables the reader to see the forest rather than the trees and to appreciate one of the successes of economics.
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