Stewards of the market : how the Federal Reserve made sense of the financial crisis / Mitchel Y. Abolafia.

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"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 c...

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Bibliographic Details
Main Author: Abolafia, Mitchel (Author)
Language:English
Published: Cambridge, Massachusetts : Harvard University Press, 2020.
Subjects:
United States. > Federal Open Market Committee.
Board of Governors of the Federal Reserve System (U.S.)
Economic history.
Economic policy.
United States > Economic policy > 2009-
United States > Economic conditions > 2001-2009.
United States > Economic policy > 2001-2009.
United States.
Since 2001
Physical Description:215 pages ; 25 cm
Format: Book
Contents:
  • 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: April-August 2008
  • Accounting for a legitimacy crisis: September 2008
  • Learning after Lehman: September-December 2008
  • The pathos and irony of technocratic control.