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We are bombarded with economic numbers: unemployment, retail sales, inflation, GDP—the list goes on and on. Some analyst or another is constantly telling us about an obscure statistic that is the key to our future, or is apparently the indicator that the "Fed" will be using to key off its decisions. With economic numbers playing such a central role in the national and world dialogue on policy and markets, and spilling over into the political arena, a broad review of what they are all about is timely. This book reviews the critical US economic data, and how one may put the numbers into an intellectual structure that will depict evolving economic reality. The work is aimed at those who want ...
How could a man like Chris Christie get within shouting distance of a seat in the Oval Office? What does this say about our Justice system, and about us? If you think you know the whole story of Christie's rise and later fall from grace-think again. In his searing tell-all, Ruthless Ambition: The Rise and Fall of Chris Christie, former New Jersey State Assemblyman Louis Manzo recounts an extraordinary tale of political ruthlessness, corruption, and greed while also telling the story of how he was caught in the center of one of the most egregious political scandals in modern-day history: the Bid Rig III sting operation, masterminded by the then United States Attorney for the District of New J...
Publishes in-depth articles on labor subjects, current labor statistics, information about current labor contracts, and book reviews.
Drawing on the most prominent research in the field, this timely book offers bold new fiscal policies that can complement current automatic stabilizers and counter-cyclical monetary policy to help combat recessions. Dr. Seidman argues for an independent fiscal policy board or the Federal Reserve to decide changes in the magnitude of Congress's fiscal policy package of stimulus or restraint, with recommendations going into effect immediately, subject only to Congressional override.
This book provides a thorough explanation of the nature and history of booms, bubbles and busts in financial markets. The first part of the book deals with financial booms and bubbles and how they emerge, develop and collapse. It describes the distribution of wealth, inflation, rationality of bankers, monetary and fiscal policy, the role of central banks, tax policies, social security, US federal, state, municipal and personal debt, and valuation of common stocks. The book describes historical boom/bust cycles including bubbles of the 1720s, the Florida land boom and the stock market in the 1920s, the depression of the 1930s, the S&L scandal of the 1980s, the great bull market of 1982-1995, ...
A leading academic authority and policymaker discusses monetary policy strategy from the perspectives of both scholar and practitioner, offering theory, econometric evidence, and extensive case studies. This book by a leading authority on monetary policy offers a unique view of the subject from the perspectives of both scholar and practitioner. Frederic Mishkin is not only an academic expert in the field but also a high-level policymaker. He is especially well positioned to discuss the changes in the conduct of monetary policy in recent years, in particular the turn to inflation targeting. Monetary Policy Strategy describes his work over the last ten years, offering published papers, new int...
Rapley argues provocatively that the seeds of political tensions that began in the third world--and are now being manifested around the globe--can be found in neoliberal prescriptions for economic reform.
This book sets the record straight on why the Federal Reserve failed to rescue Lehman Brothers during the financial crisis.