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The Quiet Revolution: Central Banking Goes Modern

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Although little noticed, the face of central banking has changed significantly over the past ten to fifteen years, says the author of this enlightening book. Alan S. Blinder, a former vice chairman of the Federal Reserve System and member of President Clinton's Council of Economic Advisers, shows that the changes, though quiet, have been sufficiently profound to constitute a revolution in central banking. Blinder considers three of the most significant aspects of the revolution. The first is the shift toward transparency: ...

The Quiet Revolution: Central Banking Goes Modern 2004, Yale University Press, New Haven, CT

ISBN-13: 9780300100877