| Contents |
Setting the stage -- Monetary policy around the world -- The Fed and its policies -- Four decades of data that tell a story -- The five recent chairmen : an overview -- Arthur Burns (February 1, 1970-January 31, 1978) -- G. William Miller (March 8, 1978-August 6, 1979) -- Paul Volcker (August 6, 1979-August 11, 1987) -- Alan Greenspan (August 11, 1987-January 31, 2006) -- Ben S. Bernanke (from February 1, 2006) -- The need for preventive regulation -- Learning from the past to improve the future -- A bigger-picture perspective -- Concluding thoughts and recommendations. |
