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  1. Home
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  3. The Federal Reserve and its Founders
  • Cited by 1
Publisher:
Agenda Publishing
Online publication date:
August 2023
Print publication year:
2018
Online ISBN:
9781911116042
DOI:
https://doi.org/10.1017/9781911116042
Subjects:
Economics, Economics: General Interest
Information

Book description

To fully understand the Federal Reserve and its role today we need to examine its origins and the men who founded it. Using extensive archival sources, Richard Naclerio investigates the highly secretive events that surrounded the Fed's creation and the bankers, financiers and tycoons that shaped both its organization and the role it was to play over the next century. The motivations of this handful of men who created the first draft of the Federal Reserve Act are explored, and the business ties and shared ideologies that bound them together revealed. A story of vested interest and the pursuit of power, the book sheds new light on the creation of one of the world's most important financial institutions.

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