Federal Reserve Bank Presidents as Public Intellectuals
Bibliographic Data
| ID | 3184152 |
|---|---|
| Authors | Rob Roy Mcgregor, Warren Young (0000-0003-2586-9450) |
| Year | 2013 |
| Volume | 45 |
| Issue | suppl_1 |
| Pages | 166-190 |
| Publication date | 2013-12-01 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | History of Political Economy (JOURNAL) |
| Journal identifiers | ISSN: 0018-2702 • E-ISSN: 1527-1919 |
| Publisher | Duke University Press (PUBLISHER • US) |
| DOI | 10.1215/00182702-2310989 |
| OpenAlex | W2151964241 |
| Language | EN |
| Citations received | 3 |
| References cited | 9 |
In this essay, we focus on three district Federal Reserve Bank presidents who took on the role of public intellectual in the 1970s and early 1980s. They reflected their districts' economic concerns, presenting them and their own views at the Federal Open Market Committee (FOMC) while expressing both in public pronouncements in speeches and in print. Despite possible dissonance, the presidents were able to integrate information emerging from their district constituents with the overall state of the national economy in their input to the FOMC, while explaining the economic situation-in the framework of their economic worldviews-to the public at large, that is to say, both communicating their views externally and disturbing the internal status quo of economic thinking at the Federal Reserve
Central bank · Cognitive dissonance · Economics · Keynesian economics · Market economy · Monetary policy · Open market operation · Political economy · Political science · Quantitative easing · State (computer science · Status quo · Public Administration · Research, Science, and Academia
| Unique citing works | 3 |
|---|---|
| Citations per year | 0,38 |
| Citation span | 2018 - 2023 (6) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 3 |