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An in-depth look at how politics and economics shape the relationship between Congress and the Federal Reserve Born out of crisis a century ago, the Federal Reserve has become the most powerful macroeconomic policymaker and financial regulator in the world. The Myth of Independence marshals archival sources, interviews, and statistical analyses to trace the Fed’s transformation from a weak, secretive, and decentralized institution in 1913 to a remarkably transparent central bank a century later. Offering a unique account of Congress’s role in steering this evolution, Sarah Binder and Mark Spindel explore the Fed’s past, present, and future and challenge the myth of its independence.
John Adams (October 30 1735 - July 4, 1826) was the second president of the United States (1797-1801), having earlier served as the first vice president of the United States (1789-1797). An American Founding Father, Adams was a statesman, diplomat, and a leading advocate of American independence from Great Britain. Well educated, he was an Enlightenment political theorist who promoted republicanism, as well as a strong central government, and wrote prolifically about his often seminal ideas-both in published works and in letters to his wife and key adviser Abigail Adams. Adams was a lifelong opponent of slavery, having never bought a slave. In 1770 he provided a principled, controversial, an...
Featured on the front page of the New York Times, Our Declaration is already regarded as a seminal work that reinterprets the promise of American democracy through our founding text. Combining a personal account of teaching the Declaration with a vivid evocation of the colonial world between 1774 and 1777, Allen, a political philosopher renowned for her work on justice and citizenship reveals our nation’s founding text to be an animating force that not only changed the world more than two-hundred years ago, but also still can. Challenging conventional wisdom, she boldly makes the case that the Declaration is a document as much about political equality as about individual liberty. Beautifully illustrated throughout, Our Declaration is an “uncommonly elegant, incisive, and often poetic primer on America’s cardinal text” (David M. Kennedy).
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This book investigates the causes and consequences of congressional attacks on the US Supreme Court, arguing that the extent of public support for judicial independence constitutes the practical limit of judicial independence. First, the book presents a historical overview of Court-curbing proposals in Congress. Then, building on interviews with Supreme Court justices, members of Congress, and judicial and legislative staffers, the book theorizes that congressional attacks are driven by public discontent with the Court. From this theoretical model, predictions are derived about the decision to engage in Court-curbing and judicial responsiveness to Court-curbing activity in Congress. The Limits of Judicial Independence draws on illustrative archival evidence, systematic analysis of an original dataset of Court-curbing proposals introduced in Congress from 1877 onward and judicial decisions.
Describes the capitol building of the United States between 1790 and 1800 in Philadelphia. Provides historical information on the early work of Congress in establishing policies, organizing into political parties, and working with the other branches of government.
First published in 2003, Decentring the Indian Nation examines the various centrifugal forces apparent in recent Indian politics. After achieving independence in 1947 India’s elite opted to build a modern nation-state. This idea was carefully nurtured during the fight for freedom from British rule by the dominant Congress movement. In recent years, the idea of a centralised state has been challenged from a number of directions. Strong regional political movements have questioned the assumption that India’s federal system requires a dominant centre. The related trend of identity-based mobilisation has challenged settled notions of Indian national identity. The authors discuss the idea that as a nation, India is becoming ‘decentred’, and consider the implications of this idea for the development of the Indian polity. This book will be of interest to students of politics, geography and development.