Thursday, 19 October 2017


A History of the Federal Reserve: 1913-1951

Posted by
January 27, 2010
in Blog

“A history of the Federal Reserve is a history of the decisions made and the ideas that prompted them. The chapters that follow allow the participants to explain their action and the reasons for them, in their own words. These decisions produced very different results: a steep postwar recession in 1929-21, a period of stability in the 1920s followed by the Great Depression of the 1930s and, much later, the Great Inflation of the 1970s.” Read more.

A History of the Federal Reserve:1913-1951
Allan H. Meltzer
Chicago: The University of Chicago Press, 2003.
Extended excerpt via Google Books found here.