The Federal Reserve System has been widely criticised for its response (or lack of response) to the economic and financial problems of 1928-1933. This period was one of frantic speculation followed by the collapse of the stock market, the banking system and the economy at large. How did the Fed let this happen, and was it to blame? This book, first published in 1993, carries out an in-depth statistical analysis of the relevant data supporting the various theories surrounding the Fed’s behaviour at the time, and is a key work in understanding the thinking of the period.
| ISBN: | 9781138087248 |
| Publication date: | 14th August 2017 |
| Author: | Marshall E. McMahon |
| Publisher: | Routledge an imprint of Taylor & Francis Ltd |
| Format: | Hardback |
| Pagination: | 218 pages |
| Series: | Routledge Library Editions: History of Money, Banking and Finance |
| Genres: |
Economics Credit and credit institutions Investment and securities Management and management techniques Hospitality and service industries Banking |