Synopses & Reviews
Over the course of nearly half a century, five American presidents, and leaders around the world, have relied on the financial acumen, and the integrity, of Paul A. Volcker to help steer the global economy through turmoil and drastic change. From the collapse of the gold standard to the inflation crisis of the 1970s, Volcker demonstrated that a determined central banker can prevail over economic turmoil--so long as he can resist relentless political pressure. And as the U.S. struggled to recover from the meltdown of 2008, it called once more on the veteran banker to restore trust to the financial markets with the Volcker Rule. This award-winning biography is the definitive account of Paul Volckers indispensable role in economic history.
A Finalist for the Financial Times/Goldman Sachs Business Book of the Year 2012.
About the Author
William L. Silber is Marcus Nadler Professor of Finance and Economics and Director of the L. Glucksman Institute for Research in Securities Markets at the Stern School of Business, New York University. He is coauthor of the standard textbook Principles of Money, Banking, and Financial Markets and, with Lawrence Ritter, of the classic Money.