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Current Federal Reserve Policy Under the Lens of Economic History

Federal Reserve Bank of St. Louis – Current Federal Reserve Policy Under the Lens of Economic History: A Review Essay

“This review essay is intended as a critical review of Humpage (2015), and it expands on the issues raised in that volume. Federal Reserve Policy during the financial crisis, and in its aftermath are addressed, along with the relationship to historical experience in the U.S. and elsewhere in the world….Current Federal Reserve Policy Under the Lens of Economic History, edited by Owen Humpage (Humpage 2015), is a collection of papers commemorating the 100th anniversary of the Federal Reserve System. The Humpage volume also celebrates the achievements of Michael Bordo, and includes a retrospective on his contributions to macroeconomic history.”

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