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Suggested Reading

Understanding the System

Board of Governors of the Fed; The Federal Reserve System, Purposes & Functions, 9th edition, June 2005 

Kohn, Meir; Financial Institutions and Markets, 2nd edition, McGraw-Hill, 2004 

Stigum, Marcia; The Money Market, 3rd edition, Irwin, 1989 

Guttmann, Robert; How Credit-Money Shapes the Economy, Sharpe, 1994 

Mosler, Warren; Soft Currency Economics, 1995, http://www.mosler.org/docs/docs/soft0004.htm

Moore, Basil; Horizontalists and Verticalists, The Macroeconomics of Credit Money, Cambridge University Press, 1988 

Wray, L. Randall; Understanding Modern Money, Edward Elgar, 1998

Papadimitriou and Wray; Minsky's Analysis of Financial Capitalism, Working Paper No. 275, Levy Economics Institute, July 1999

Davidson, Paul; Financial Markets, Money and the Real World, Edward Elgar, 2003

Kaufman, Henry; On Money and Markets, A Wall Street Memoir, McGraw-Hill, 2000

Evans, David and Schmalensee, Richard; Paying with Plastic, The Digital Revolution in Buying and Borrowing, MIT Press, 1999

Greider, William; Secrets of the Temple, How the Federal Reserve Runs the Country, Simon & Schuster, 1987 

Mayer, Martin; The Bankers, The Next Generation, Truman Talley Books/Dutton, 1997

Henwood, Doug; Wall Street, How it Works and for Whom, Verso, 1998

Woodward, Bob; Maestro, Greenspan's Fed and the American Boom, Simon & Schuster, 2000.

Mayer, Martin; The Fed, The Inside Story of How the World's Most Powerful Institution Drives the Markets, The Free Press, 2001

Policy Issues

Eisner, Robert; The Misunderstood Economy: What counts and how to count it, Harvard Business School Press, 1994

Eisner, Robert; The Great Deficit Scares, The Federal Budget, Trade, and Social Security, Century Foundation Press, 1997

Heilbroner, Robert and Bernstein, Peter; The Debt and the Deficit, False Alarms - Real Possibilities, Norton, 1989

Bootle, Roger; The Death of Inflation, Surviving and Thriving in the Zero Era, Nicholas Brealey, 1996

Cavanaugh, Francis; The Truth about the National Debt, Five Myths and One Reality, Harvard Business School Press, 1996

Colander, David and Daane, Dewey (editors); The Art of Monetary Policy, M. E. Sharpe, 1994

Volcker, Paul and Gyohten, Toyoo: Changing Fortunes, The World's Money and the Threat to American Leadership, Times Books, 1992

Feldstein, Martin (editor); The Risk of Economic Crisis, Univ. of Chicago Press, 1991

Rock, James (editor); Debt and the Twin Deficits Debate, Bristlecone, 1991

Kindleberger, Charles; The World in Depression 1929-1939, Univ. of California Press, Revised and Enlarged Edition, 1986 

Kindleberger, Charles; Manias, Panics, and Crashes, A History of Financial Crises, Wiley & Sons, Third Edition, 1996

Friedman, Milton; A Program for Monetary Stability, Fordham University Press, 1960


Bogle, John; Bogle on Mutual Funds, New Perspectives for the Intelligent Investor, Irwin, 1994

Thau, Annette; The Bond Book, Probus, 1992

Malkiel, Burton; A Random Walk Down Wall Street, The Best Investment Advice Money Can Buy, Norton, 1996

Siegel, Jeremy; Stocks for the Long Run, A Guide to Selecting Markets for Long Term Growth, Irwin, 1994

Graham, Benjamin; The Intelligent Investor, 4th edition, Harper & Row, 1973

Barron's; Guide to Making Investment Decisions, Prentice Hall, 1994

Douglas, Livingston; The Bond Markets, A Desktop Reference to World Debt Market Performance and Analysis, Probus, 1995 (later editions may be available)

For Entertainment

Galbraith, John Kenneth; Money, Whence it Came, Where it Went, Houghton Mifflin, 1975

Friedman, Milton; Money Mischief, Episodes in Monetary History, Harcourt Brace, 1992

Grant, James; The Trouble with Prosperity, The Loss of Fear, The Rise of Speculation, & The Risk to American Savings, Times Books, 1996

Bernstein, Peter; Against the Gods, The Remarkable Story of Risk, Wiley 1996.

Bernstein, Peter; The Power of Gold, The History of an Obsession, Wiley, 2000.

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