Perry Mehrling Livres

The book delves into the pivotal role of the U.S. Federal Reserve in market intervention, tracing its evolution from a passive entity to an active participant in economic stabilization. It explores key events and policy decisions that shaped the Fed's approach, highlighting the implications of its actions on financial markets and the broader economy. Through historical analysis, the narrative reveals how the Fed's strategies have influenced monetary policy and economic outcomes, offering insights into the complexities of central banking in a modern financial landscape.

The definitive story of Fischer Black, one of the greatest financial minds of all time Besides revolutionizing finance with the Black-Scholes option pricing model, Fischer Black forever changed Wall Street by developing what is now known as quantitative finance.

Charles Kindleberger ranks as one of the twentieth century's best known and most influential international economists. This book traces the evolution of his thinking in the context of a 'key-currency' approach to the rise of the dollar system, here revealed as the indispensable framework for global economic development since World War II. Unlike most of his colleagues, Kindleberger was deeply interested in history, and his economics brimmed with real people and institutional details. His research at the New York Fed and BIS during the Great Depression, his wartime intelligence work, and his role in administering the Marshall Plan gave him deep insight into how the international financial system really operated. A biography of both the dollar and a man, this book is also the story of the development of ideas about how money works. It throws revealing light on the underlying economic forces and political obstacles shaping our globalized world.