San Antonio College Library

"Over the past twenty years, Americans have been fed a mash of confusing financial and economic information. Economist Ellen Frank's alternately enlightening and shocking volume shows us how what we've been taught to think about stocks, interest rates, personal opportunities, employment, government spending, and inflation distorts popular understanding of how the economy really operates. But public confusion serves a distinct political goal: to camouflage...

While trillions of dollars came and went in the stock market boom of the 1990s, the image of ""every man and woman a CEO"" may turn out to be the era's lasting legacy. Business news, once reserved to specialized papers or sections of the larger news of the day, came to the forefront in cable television and in cultural images of how ordinary people, through the internet and other avenues could not only master their financial life, but move money and...

This unique book deals with the most serious macroeconomic failure experienced in the US in the post-war period, the great inflation of the late 1960s and 1970s. It is the first detailed analysis, using Federal Reserve documents, of the thinking behind the inflationary monetary policy during this period. Monetary Policy and the Great Inflation in the United States will be welcomed by economists, political scientists and economic historians interested...