Keeping at it : the quest for sound money and good government

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Title:

Keeping at it : the quest for sound money and good government

Author:

Volcker, Paul A., author.

Harper, Christine, author.

Summary:

As chairman of the Federal Reserve (1979-1987), Paul Volcker slayed the inflation dragon that was consuming the American economy and restored the world's faith in central bankers. That extraordinary feat was just one pivotal episode in a decades-long career serving six presidents. Told with wit, humor, and down-to-earth erudition, the narrative of Volcker's career illuminates the changes that have taken place in American life, government, and the economy since World War II. He vibrantly illustrates the crises he managed alongside the world's leading politicians, central bankers, and financiers. Yet he first found his model for competent and ethical governance in his father, the town manager of Teaneck, NJ, who instilled Volcker's dedication to absolute integrity and his "three verities" of stable prices, sound finance, and good government.

Edition:

First edition.

Contents:

Introduction: The wise old parrot -- Growing up -- Getting an education -- Early experience -- Off to Washington -- "The best job in the world" -- Monetary reform frustrated -- Back to the beginning -- Attacking inflation -- Financial crises, domestic and international -- Unfinished business : repairing the financial system -- After the Fed -- Mr. Chairman in several guises -- The search for integrity -- Setting standards -- The new financial world : breakdown and reform -- The three verities -- Epilogue: Credit where credit is due.

Physical Description:

xvi, 286 pages, 8 unnumbered pages of plates : portraits (some color) ; 25 cm

Genre:

Biographies.

Personal Subject:

Volcker, Paul A.

Corporate Subject:

Board of Governors of the Federal Reserve System (U.S.) -- Officials and employees -- Biography.

Subject Term:

Economists -- Biography.

Monetary policy -- History -- 20th century.

Geographic Term:

United States -- Economic policy -- 1971-1981.

United States -- Economic policy -- 1981-1993.

Author(s):

Harper, Christine,

Publisher:

PublicAffairs,

Publication Date:

2018

ISBN:

9781541788312

Publication Information:

New York : PublicAffairs, 2018.

Call Number:

923 VOLCKER

Holds: Copies:

Available:*

Item Barcode	Collection	Call Number	Status	Item Holds
33607003350561	Adult Nonfiction	923 VOLCKER	Searching... Unknown	Searching... Unavailable

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Summary

The extraordinary life story of the former chairman of the Federal Reserve, whose absolute integrity provides the inspiration we need as our constitutional system and political tradition are being tested to the breaking point.

As chairman of the Federal Reserve (1979-1987), Paul Volcker slayed the inflation dragon that was consuming the American economy and restored the world's faith in central bankers. That extraordinary feat was just one pivotal episode in a decades-long career serving six presidents.

Told with wit, humor, and down-to-earth erudition, the narrative of Volcker's career illuminates the changes that have taken place in American life, government, and the economy since World War II. He vibrantly illustrates the crises he managed alongside the world's leading politicians, central bankers, and financiers. Yet he first found his model for competent and ethical governance in his father, the town manager of Teaneck, NJ, who instilled Volcker's dedication to absolute integrity and his "three verities" of stable prices, sound finance, and good government.

Author Notes

Paul A. Volcker worked in the United States Federal Government for almost thirty years, culminating in two terms as chairman of the Board of Governors of the Federal Reserve System from 1979-1987. Earlier he served as Undersecretary of the Treasury for Monetary Affairs and president of the Federal Reserve Bank of New York.

Since leaving the Federal Reserve Mr. Volcker continued his public service: as chairman of the Volcker Alliance; as head of President Obama's Economic Recovery Advisory Board; chair of the investigation of the UN's Oil-for-Food program; and head of the committee formed by Swiss and Jewish organizations to investigate deposit accounts and other assets in Swiss banks of victims of Nazi persecution and to arrange for their disposition.

Educated at Princeton, Harvard, and the London School of Economics, Mr. Volcker was a recipient of honorary doctorates from each of his "alma maters," as well as a number of other American and foreign universities.

Christine Harper has been a financial reporter and editor for more than two decades. She is the editor of Bloomberg Markets and previously was executive editor responsible for overseeing Bloomberg News 's global coverage of financial companies.

Timeline	p. ix
Introduction The Wise Old Parrot	p. 1
Chapter 1 Growing Up	p. 5
Chapter 2 Getting an Education	p. 15
Chapter 3 Early Experience	p. 30
Chapter 4 Oft to Washington	p. 45
Chapter 5 "The Best Job in the World"	p. 59
Chapter 6 Monetary Reform Frustrated	p. 75
Chapter 7 Back to the Beginning	p. 93
Chapter 8 Attacking Inflation	p. 102
Chapter 9 Financial Crises, Domestic and International	p. 120
Chapter 10 Unfinished Business: Repairing the Financial System	p. 138
Chapter 11 After the Fed	p. 152
Chapter 12 Mr. Chairman in Several Guises	p. 166
Chapter 13 The Search for Integrity	p. 176
Chapter 14 Setting Standards	p. 193
Chapter 15 The New Financial World: Breakdown and Reform	p. 203
Chapter 16 The Three Verities	p. 220
Epilogue Credit Where Credit Is Due	p. 241
Acknowledgments	p. 247
Notes	p. 249
Index	p. 274

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