As the Chairman of the powerful Federal Reserve Board during most of the 1970s, Burns presided over what many see as the demise of the postwar economic order. Wells goes beyond demonstrating that Burns greatly influenced the ways that Americans dealt with the crises of the 1970s to posit that an examination of Burns' tenure helps to explain the U.S. economy today.
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An account of Federal Reserve monetary policies from the vantage point of the chairman's office, as revealed by Burns' papers and the official records of the Federal Reserve. The book has been well researched, and Wells has exploited his sources skillfully. -- Journal of American History
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Brilliantly executed,
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This review is from: Economist in an Uncertain World (Hardcover)
This insightful account offers a lively view of a turbulent time in United States economic history. Wells' book is informative, well-researched, and well-written.
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