Stewards of the market : how the Federal Reserve made sense of the Financial Crisis / Mitchel Y. Abolafia.
By: Abolafia, Mitchel [author.].
Publisher: Cambridge, Massachusetts : Harvard University Press, ©2020Edition: First.Description: 215 p.Content type: text Media type: unmediated Carrier type: volumeISBN: 9780674980785.Subject(s): United States. Federal Open Market Committee | Board of Governors of the Federal Reserve System (U.S.) | United States -- Economic conditions -- 2001-2009 | United States -- Economic policy -- 2001-2009 | United States -- Economic policy -- 2009-Genre/Form: Print books.Current location | Call number | Status | Date due | Barcode | Item holds |
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On Shelf | HC106.83 .A26 2020 (Browse shelf) | Available | AU00000000016521 |
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Includes index.
Introduction: Making sense of a crisis -- No crystal ball: August 2007 -- Textures of doubt: September-December 2007 -- A learning moment? January 2008 -- Improvising in a liquidity crisis: March 2008 -- Contested frames / competing logics: Summer 2008 -- Accounting for a liquidity crisis: September 2008 -- Learning after Lehman: September-December 2008 -- The pathos and irony of technocratic control.
"Mitchel Abolafia goes behind the scenes with the Federal Reserve's powerful Open Market Committee as it responded to the 2008-2009 financial crisis. Relying on verbatim transcripts of closed meetings, Abolafia shows how assumptions about self-correcting markets stymied the Fed and how its leaders came to embrace new ideas"--