Quiet Revolution by Alan S. Blinder
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Quiet Revolution
By Alan S. Blinder

The Quiet Revolution

Central Banking Goes Modern

By (author) See other recent books by Alan S. Blinder
Foreword by Robert J. Shiller See other recent books by Robert J. Shiller
Format: Hardback

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Quiet Revolution by Alan S. Blinder

Book Description

Although little noticed, the face of central banking has changed significantly over the past ten to fifteen years, says the author of this enlightening book. Alan S. Blinder, a former vice chairman of the Federal Reserve System and member of President Clinton's Council of Economic Advisers, shows that the changes, though quiet, have been sufficiently profound to constitute a revolution in central banking. Blinder considers three of the most significant aspects of the revolution. The first is the shift toward transparency: whereas central bankers once believed in secrecy and even mystery, greater openness is now considered a virtue. The second is the transition from monetary policy decisions made by single individuals to decisions made by committees. The third change is a profoundly different attitude toward the markets, from that of stern schoolmarm to one of listener. With keenness and balance, the author examines the origins of these changes and their pros and cons.

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Book Details

ISBN: 9780300100877
ISBN-10: 0300100876
Format: Hardback
(216mm x 140mm x 11mm)
Pages: 140
Imprint: Yale University Press
Publisher: Yale University Press
Publish Date: 23-Apr-2004
Country of Publication: United States

Books By Author Alan S. Blinder

Don't Count on It! by Alan S. Blinder Don't Count on It!, Hardback (November 2010)

Praise for Don't Count On It! "This collection of Jack Bogle's writings couldn't be more timely. The clarity of his thinking and his insistence on the relevance of ethical standards are totally relevant as we strive to rebuild a broken financial system.

Offshoring of American Jobs by Alan S. Blinder Offshoring of American Jobs, Hardback (September 2009)

Two leading economists discuss a range of issues relating to the "offshoring" of American jobs, from free trade to unemployment levels.

Central Banking in Theory and Practice by Alan S. Blinder Central Banking in Theory and Practice, Paperback (January 1999)

Based on the 1996 Lionel Robbins Lectures, this readable book deals succinctly, in a nontechnical manner, with a wide variety of issues in monetary policy.

» View all books by Alan S. Blinder

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