{"product_id":"the-fed-unbound-lev-menand-9781735913704","title":"The Fed Unbound: Central Banking in a Time of Crisis","description":"\u003cstrong\u003eDo the Fed's efforts to stabilize the economy worsen inequality?\u003c\/strong\u003e \u003cp\u003e\u003c\/p\u003e\u003cbr\u003eThe Federal Reserve, the U.S. central bank, was built for a monetary system composed primarily of investor-owned, government-chartered banks. But over the years, the erosion of banking law and the rise of alternative forms of money created outside of the banking system have pushed the Fed to take on more and more responsibilities to keep the economy out of recession, as it did during the 2008 crisis, and again during the first months of the COVID-19 pandemic, when it created $3 trillion to stop another financial panic. \u003cp\u003e\u003c\/p\u003e\u003cbr\u003eLegal scholar and former Treasury official Lev Menand explains how the Fed did this, and argues that it is time to cure the disease that has plagued the American economy for decades, and not just rely on the Fed to treat its symptoms. \u003ci\u003eThe Fed Unbound\u003c\/i\u003e is an urgent appeal to Congress to reform the U.S. economic and financial infrastructure.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Lev Menand\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 1735913707\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9781735913704\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Columbia Global Reports\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 05\/10\/2022\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 176\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Paperback\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 0.40lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 4.96h x 7.32w x 0.71d\u003cbr\u003e\u003cbr\u003e\u003cb\u003eReview Citation(s): \u003c\/b\u003e\u003cbr\u003e\u003ci\u003eKirkus Reviews\u003c\/i\u003e 03\/15\/2022","brand":"Lev Menand","offers":[{"title":"Paperback","offer_id":43994695205119,"sku":"9781735913704","price":16.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/files\/img_6f4f7801-2c0c-487d-9948-d97edcf05e06.jpg?v=1683331648","url":"https:\/\/www.whiterainbookhouse.com\/products\/the-fed-unbound-lev-menand-9781735913704","provider":"WR Book House","version":"1.0","type":"link"}