A Monetary and Fiscal History of the United States, 1961-2021

In his latest book, Alan S. Binder, a professor of economics at Princeton, offers an authoritative account on 60 years of monetary and fiscal policy in the U.S. Focusing on the most significant developments and events — from Kennedy’s New Frontier to Biden’s response to the pandemic, Blinder traces patterns of several long booms and many recessions throughout the years. A Monetary and Fiscal History of the United States (Princeton University Press) provides a better understanding of where the economy has been and Blinder’s predictions for where he believes it is going.

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The cover of PAW’s November 2025 issue, featuring a photo of a space probe and the headline "Made in Princeton."
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November 2025

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