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| Author/Contributor(s): |
Jacobs, Lawrence R
|
| Publisher: |
Oxford University Press
|
| Date: |
04/17/2026
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| Binding: |
Paperback
|
| Condition: |
NEW
|
This book explains that politically independent central banks, especially America's Federal Reserve, pursue policies which have different effects on citizens according to their wealth. The Fed and other central bank policies are not neutral but often benefit those with greater capital and income. However, there are competing models of central bank policy with different outcomes for citizens and consumers, as this book explains.
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