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This authoritative guide to the transformation of the Bank of England into a modern inflation-targeting independent central bank examines a revolution in monetary and economic policy and the modernization of British institutions in the late twentieth century.
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Europe’s financial crisis cannot be blamed on the Euro, Harold James contends in this probing exploration of the whys, whens, whos, and what-ifs of European monetary union. The current crisis goes deeper, to a series of problems that were debated but not resolved at the time of the Euro’s invention. Since the 1960s, Europeans had been looking for a way to address two conundrums simultaneously: the dollar’s privileged position in the international monetary system, and Germany’s persistent current account surpluses in Europe. The Euro was created under a politically independent central bank to meet the primary goal of price stability. But while the monetary side of union was clearly co...
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The exciting role of the Grey Geese"" who flew B-17 and B-24 bombers in the Pacific during World War II is featured in this outstanding book. Includes personal stories of missions, bombing runs and events at Hickam Field during the Pearl Harbor attack. Hundreds of action photos of planes and crew, mission listing, biographies of the 11th Bomb Group veterans and roster of the 11th Bomb Group Association members . Memorable nose art photos""