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.
