Paul volcker, central banker, 19272019 financial times. Paul volcker 1979 president carter appointed paul volcker as chairman of the federal reserve board. September 5, 1927 december 8, 2019 was an american economist. Even if it is not officially an authorized biography, it certainly is given from volckers perspective and with him firmly in the heros chair. Volcker constricted the money supply to stop runaway inflation. Inflation is thought of as a cruel, and maybe the cruelest, tax because it hits in a manysectored way, in an unplanned way, and it hits the people on a fixed income hardest. The quest for sound money and good government by harper, christine, volcker, paul a. Volcker was a chair for the board of governors in the federal reserve with 89 videos in the cspan video library. Discover delightful childrens books with prime book box, a subscription that delivers new books every 1, 2, or 3 months new customers receive 15% off your. He was successful, but the us machine tool sector could not come back to life.
Us news is a recognized leader in college, grad school, hospital, mutual fund, and car rankings. Paul volcker was part of the comedy of errors that was the latter stage of the carter administration. July 1944, international monetary fund imf and world. He said he had agreed to write the book to call attention to what he. I dont remember the names of the books, just being in london. Paul volcker, the federal reserve board chairman who vanquished the scourge of inflation that ravaged americas prestige and power in the. The former chairman of the federal reserve says the financial.
On the evening of wednesday, june 23rd, paul volcker, the former chairman of the federal reserve, was monitoring events on capitol hill from his. Former federal reserve chairman paul volcker is at work on a memoir he says will address the larger themes that have dominated his life of public. Volcker, the son of a new jersey city manager, worked at chase manhattan and silber wrote this book after conducting almost 100 hours of interviews with former federal reserve chairman paul adolph volcker. It is an account of the chairmans personal and professional history, with a focus on professional. Volcker, including changing fortunes the worlds money and the threat to american leadership, and good intentions corrupted. Praise for paul volcker the making of a financial legend paul volcker may be the most important figure of our time on the u. The triumph of persistence is a biography of former chairman of the federal reserve paul volcker. This detailed account of the economist paul volckers public service in five. Rather than a biography, this book is a blowbyblow account of volckers life as a public servant. Volcker s most popular book is the alchemy of finance. Silber wrote this book after conducting almost 100 hours of interviews with former federal reserve chairman paul adolph volcker.
Paul volcker after whom the presidents new rule to curb wall street will be named has an illustrious history at the. Track elected officials, research health conditions, and. Discover book depositorys huge selection of paul volcker books online. Keeping at it by paul volcker publicaffairs public affairs books. Volcker family moves to teaneck, new jersey, where paul sr. Us economist advising presidents from nixon to obama. Volcker helped shape american economic policy for decades, notably by. Volcker has 25 books on goodreads with 10501 ratings. Remembering paul volcker, the fed chair willing to be unpopular paul a. Setting the record straight on reagan, volcker and inflation. It gives the full history so as to allow the reader to follow the chairmans belief system and how it evolved through the personal history. Paul volcker in 1980, when he was the federal reserve board chairman.
The making of a financial legend, joseph treaster has captured the man, his time, and his influence with exceptional insight, clarity, and readability. Paul volcker retires from public life, heads for the river. Over the course of nearly half a century, five american presidentsthree democrats and two republicanshave relied on the financial acumen, and the. In 1986, volcker tried to get the japanese and german exchange rates revalued. At 91, former federal reserve chairman paul volcker pulls no punches in keeping at it.
Volcker, who died sunday in new york at the age of 92, was remembered for helping. Paul volcker will be remembered as the fed chairman who beat inflation as it galloped at nearly 15% during the final year of jimmy carters presidency. If you enjoyed books like too big to fail and lords of finance or even barbarians at the gate, beware of picking it up, you will not rest until you have finished it. Discover delightful childrens books with prime book box, a subscription that. The book is a first hand account of the plaza accord, it is readable and about an important turning point in us economic history. In those days i used to read the economist and the financial times.
Volcker, fed chairman who waged war on inflation, is. Setting the record straight on reagan, volcker and. Volcker, fed chairman who waged war on inflation, is dead at 92. He is widely credited with having ended the high levels of inflation seen in the united states during the 1970s and early 1980s.