The extraordinary life story of the former chairman of the Federal Reserve, whose absolute integrity provides the inspiration we need as our constitutional system and political tradition are being tested to the breaking point.
Volcker was a recipient of honorary doctorates from each of his "alma maters,.
Educated at Princeton, Harvard, and the London School of Economics, Mr.
Volcker continued his public service: as chairman of the Volcker Alliance; as head of President Obama\'s Economic Recovery Advisory Board; chair of the investigation of the UN\'s Oil-for-Food program; and head of the committee formed by Swiss and Jewish organizations to investigate deposit accounts and other assets in Swiss banks of victims of Nazi persecution and to arrange for their disposition.
Since leaving the Federal Reserve Mr.
Earlier he served as Undersecretary of the Treasury for Monetary Affairs and president of the Federal Reserve Bank of New York.
Volcker worked in the United States Federal Government for almost 30 years, culminating in two terms as chairman of the Board of Governors of the Federal Reserve System from 1979-1987.
About the Author Paul A.
Yet he first found his model for competent and ethical governance in his father, the town manager of Teaneck, NJ, who instilled Volcker\'s dedication to absolute integrity and his "three verities" of stable prices, Sound finance, and Good government.
He vibrantly illustrates the crises he managed alongside the world\'s leading politicians, central bankers, and financiers.
Told with wit, humor, and down-to-earth erudition, the narrative of Volcker\'s career illuminates the changes that have taken place in American life, government, and the economy since World War II.
That extraordinary feat was just one pivotal episode in a decades-long career serving six presidents.
As chairman of the Federal Reserve (1979-1987), Paul Volcker slayed the inflation dragon that was consuming the American economy and restored the world\'s faith in central bankers.
The extraordinary life story of the former chairman of the Federal Reserve, whose absolute integrity provides the inspiration we need as our constitutional system and political tradition are being tested to the breaking point
