Jones,D. The Politics of Money. 1991
Jones, David M. The Politics of Money: The Fed Under Alan Greenspan.
New York Institute of Finance, 1991. 273 pages.
David Jones is an expert on "Fed watching," the esoteric science of
collecting clues that might allow one to anticipate shifts in Fed policy.
These days it seems that everyone watches the Fed, as many of the major
gyrations in the stock averages occur when investors anticipate how the Fed
might react to some recent tidbit of economic news. The Federal Reserve
chairman is sometimes referred to as the "second most powerful person in
America." In times of economic crisis, he and his Board of Governors are
expected to exercise their political independence, and calm the waters by
demonstrating wisdom and foresight. One mistake and it could all come down.
Alan Greenspan has been the Fed chairman since 1987. His style is to
balance the economy on the edge of recession, without stimulating the sort
of growth that would lead to inflation. Tiny interest rate adjustments are
used to achieve this goal, based on the theory that small moves are easier
to reverse if they turn out to be wrong. While Greenspan is a prodigious
student of every conceivable economic indicator, Jones feels that this could
be a problem: too many contradictory and trivial indicators might someday
lead to paralysis. In addition to describing the structure and operations
of the Federal Reserve System, Jones includes an appendix (pages 248-253)
that lists all of the members of the Board of Governors from 1913-1990.
ISBN 0-13-601634-0
- ADLEMAN ASHER (149)
- AIKEN ALFRED L (192)
- ALDRICH NELSON W (184)
- ANGELL WAYNE D (19-20, 63-6, 99-101, 251)
- APCAR LEONARD M (136-7)
- BAKER JAMES A III (20)
- BALDERSTON C CANBY (226, 250)
- BANK NEW ENGLAND (134-5)
- BLACK EUGENE ROBERT (249, 252)
- BLACK ROBERT (RICHMOND RESERVE BANK) (114)
- BOEHNE EDWARD G (21-2)
- BOESKY IVAN FREDERICK (149)
- BOND ALAN (AUSTRALIAN FINANCIER) (155)
- BOSKIN MICHAEL J (119)
- BOYKIN ROBERT (21)
- BRADFIELD MICHAEL (99)
- BRADY NICHOLAS F (116, 119, 129-30, 158)
- BRANDEN NATHANIEL (219)
- BREEDEN RICHARD C (158)
- BRIMMER ANDREW FELTON (250)
- BRYAN WILLIAM JENNINGS (1860-1925) (119)
- BUCHER JEFFREY M (250)
- BURNS ARTHUR F (92-3, 117, 220-1, 250, 252)
- BUSH GEORGE H.W. (117)
- CAMPBELL MILO D (248)
- CAMPEAU ROBERT (155)
- CARTER JIMMY E (PRES) (215)
- CASEY ALBERT V (135)
- CLAYTON LAWRENCE (249)
- COLDWELL PHILIP E (250)
- COLSON CHARLES WENDELL (220)
- CONTINENTAL ILLINOIS NATIONAL BANK (130-1)
- CORRIGAN E GERALD (22, 158)
- COYNE JOSEPH R (99, 101)
- CRISSINGER DANIEL R (248, 251)
- CUNNINGHAM EDWARD H (248)
- DAANE J DEWEY (250)
- DARBY MICHAEL (TREASURY DEPT) (116)
- DARMAN RICHARD GORDON (108, 111-2)
- DELANO FREDERIC A (248)
- DELORS JACQUES (178-9)
- DOLE ROBERT J (R-KS) (19, 100)
- DRAPER ERNEST G (249)
- DREXEL BURNHAM LAMBERT (3, 122, 150, 157-60)
- ECCLES MARRINER STODDARD (82, 90-1, 115, 249, 252)
- EIZENSTAT STUART E (215)
- EVANS RUDOLPH M (249)
- FEDERAL DEPOSIT INSURANCE CORPORATION (132, 134-5)
- FEDERAL RESERVE SYSTEM
- FIRST REPUBLIC BANK (134-43)
- FULBRIGHT JAWORSKI (LAW FIRM) (140)
- GARDNER STEPHEN S (251)
- GLASS CARTER (D-VA) (184, 190, 253)
- GOLLUST TIERNY OLIVER COMPANY (149)
- GRAMLEY LYLE E (251)
- GREENSPAN ALAN J
- GREGORY THOMAS WATT (191)
- HAMILTON LEE H (D-IN) (114)
- HAMLIN CHARLES SUMNER (115, 248, 251)
- HARDING W P.G. (248, 251)
- HELLER H.ROBERT (251)
- HELLER WALTER W (226)
- HOLLAND ROBERT C (250)
- HOSKINS W LEE (22, 114)
- HOUSTON DAVID F (253)
- ICAHN CARL CELIAN (149)
- JACKSON PHILIP C JR (250)
- JACOBS IRWIN L (149)
- JAMES GEORGE R (248)
- JOHNSON MANUEL H (19, 45, 63-4, 86, 97, 99-100, 157-8, 251)
- JOSEPH FREDERICK H (159)
- KELLEY EDWARD W JR (MIKE) (20, 251)
- KING G.H. JR (250)
- KOHL HELMUT (182)
- KOHLBERG KRAVIS ROBERTS COMPANY (149-50, 156)
- LANCE BERT (215)
- LAWARE JOHN P (20, 251)
- LILLY DAVID M (251)
- LINDSEY LAWRENCE B (251)
- MAGEE WAYLAND W (249)
- MAISEL SHERMAN J (250)
- MAJOR JOHN (180-1)
- MARTIN PRESTON (97-101, 251)
- MARTIN WILLIAM MCCHESNEY JR (91-2, 115-6, 249, 252)
- MCADOO WILLIAM GIBBS (253)
- MCCABE THOMAS B (91, 249, 252)
- MCKEE JOHN K (249)
- MELCHER JOHN (D-MT) (113)
- MELLON ANDREW W (253)
- MEYER EUGENE ISAAC (249, 252)
- MILKEN MICHAEL ROBERT (159-60)
- MILLER ADOLPH C (248)
- MILLER G.WILLIAM (93-4, 251-2)
- MILLER PAUL E (250)
- MILLS A.L. JR (249)
- MILLS OGDEN L (253)
- MITCHELL GEORGE W (250)
- MITCHELL JOHN R (248)
- MOEHLENPAH HENRY A (248)
- MORGENTHAU HENRY M JR (253)
- MORRISION RALPH W (249)
- MOSBACHER ROBERT ADAM (129)
- MULLINS DAVID W JR (20-1, 251)
- NEAL STEPHEN L (D-NC) (114, 199)
- NORTON EDWARD L (249)
- OWEN ROBERT (R-OK) (184, 190)
- PARTEE J CHARLES (251)
- PATMAN WRIGHT (D-TX) (112-3)
- PERELMAN RONALD OWEN (149)
- PICKENS T BOONE (148)
- PLATT EDMUND (248)
- POEHL KARL-OTTO (182-3)
- POWELL OLIVER S (249)
- RAFSHOON GERALD (215)
- RALES MITCHELL P (154)
- RALES STEVEN M (154)
- RAND AYN (83, 218-9)
- RANSOM RONALD (249)
- RAYBURN SAM (112)
- REGAN DONALD T (116)
- REISCHAUER ROBERT D (227)
- RICE EMMETT J (97, 251)
- RJR NABISCO INC (156-7)
- ROBERTS STEVEN (PAUL VOLCKER AIDE) (99, 101)
- ROBERTSON J.L. (250)
- ROSE SANFORD (220)
- SAULNIER RAYMOND J (225-6)
- SCHMITT RICHARD B (136)
- SCHULTZ FREDERICK H (251)
- SEGER MARTHA R (19, 97, 99, 251)
- SHEEHAN JOHN E (250)
- SHEPARDSON CHARLES N (250)
- SHERRILL WILLIAM W (250)
- SOLCHAGA CARLOS (181-2)
- STEINBERG SAUL PHILLIP (149)
- STERN GARY H (22)
- STRAUSS ALBERT (248)
- STRONG BENJAMIN (191-2)
- SUNUNU JOHN H (129)
- SYMCZAK M S (249)
- TAYLOR ROBERT E (136)
- TEETERS NANCY H (251)
- THATCHER MARGARET (180-2)
- THOMAS J.J. (FEDERAL RESERVE) (249)
- VARDAMAN JAMES K JR (249)
- VOLCKER PAUL ADOLPH (ix, 52, 94-5, 97-102, 116, 201, 215, 251-2)
- WALLICH HENRY C (97, 250)
- WARBURG PAUL MORITZ (248)
- WASSERSTEIN PERELLA COMPANY (149, 154)
- WICKSELL KNUT (216-7)
- WILLS DAVID C (248)
- WOODIN WILLIAM H (253)
- YOUNG ROY A (248, 252)
name search
home page