As chairman of the Federal Reserve (1979-1987), Paul Volcker grappled with the dragon of the inflation crisis that was consuming the American economy and restored the world's faith in central bankers. This extraordinary success was just one of the critical episodes in a career spanning decades, serving six presidents.
With humor, wit, and grounded knowledge, Volcker's career narrative illuminates the changes that have taken place in the life, government, and economy of the United States since World War II. It vividly illustrates the crises he managed alongside the top politicians, central bankers, and financiers of the world.
However, he found his role model for capable and ethical governance in his father, the mayor of Teaneck, NJ, who inspired him with a devotion to absolute integrity and his "three truths": stable prices, sound financing, and good government.
Pages: 320, Year of Publication: 0512, Dimensions: 13.8x13.8cm
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