Economics · Monetary Economics & Central Banking
A topic within Monetary Economics & Central Banking, itself one of 10 topics in that field and part of Economics.
2 works
Board of Governors of the Federal Reserve System
Explains, for a general reader, what the Federal Reserve actually does day to day — setting the policy rate, supervising banks, and acting as lender of last resort — rather than what it is popularly believed to do.
76 pageslink checked 17 Sept 2026Ben S. Bernanke
Argues that bank runs and credit crunches are not a side effect of a financial crisis but the mechanism that turns a financial shock into a deep and prolonged recession, which is why central banks now treat the banking system itself as a policy target.
Nobel Prize lecturelink checked 17 Sept 2026