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Alan S. Blinder

A Monetary and Fiscal History of the United States, 1961-2021

A Monetary and Fiscal History of the United States, 1961-2021

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  • More about A Monetary and Fiscal History of the United States, 1961-2021

Alan Blinder, a renowned economist, provides an authoritative account of monetary and fiscal policy in the United States from Kennedy to Biden, spanning twelve presidents and eight Federal Reserve chairs. The book explores the highs and lows of monetary and fiscal policy, including the stagflation of the 1970s, the conquest of inflation, and the rise of Reaganomics. It offers valuable insights into the past and potential future of the economy.

Format: Hardback
Length: 432 pages
Publication date: 11 October 2022
Publisher: Princeton University Press


From the acclaimed New York Times bestselling author, comes a captivating exploration of U.S. economic policy from Kennedy to Biden, offering valuable insights for today. In his highly regarded book, Alan Blinder, a renowned economist and exceptional writer, delves into his extensive firsthand experience to present an authoritative account of sixty years of monetary and fiscal policy in the United States. Spanning twelve presidents, from John F. Kennedy to Joe Biden, and eight Federal Reserve chairs, from William McChesney Martin to Jerome Powell, this is a remarkable insiders story of macroeconomic policy that has never been told before. It is both a pleasure to read and immensely important, offering valuable insights into the highs and lows of monetary and fiscal policy over the past six decades.

Blinder meticulously traces the significant developments and long-term changes in monetary and fiscal policy, highlighting how they have cooperated and clashed through numerous recessions and several long booms. From the fiscal policies of Kennedy's New Frontier to Biden's responses to the pandemic, the book takes readers on a journey through the stagflation of the 1970s, the successful fight against inflation under Jimmy Carter and Paul Volcker, the rise of Reaganomics, and the bubbles of the 2000s. It culminates in recent events, including the financial crisis, the Great Recession, and monetary policy during COVID-19.

A Monetary and Fiscal History of the United States, 1961–2021, is a lively and concise narrative that is destined to become a classic. It is packed with essential lessons for anyone seeking to gain a deeper understanding of the past and potential future of the economy. Blinder's expertise and storytelling skills make this book a must-read for policymakers, economists, and anyone interested in shaping the economic landscape of the United States.

Weight: 794g
Dimension: 165 x 242 x 32 (mm)
ISBN-13: 9780691238388

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