Books by John H. (Wake Forest University Wood

Examines the controlling influences that drive macroeconomic policies in the United States. This book addresses the history of the interests, ideas, and practices of monetary and fiscal policies in the US. It also examines macro-policies in other countries, particularly the UK.

This 2005 book shows that important continuities in central bankers' behavior - response to incentives, desire for financial stability, and susceptibility to government pressures - go a long way toward understanding them, from their beginnings in the Bank of England in 1694 and the first Bank of the United States in 1791, to the present Bank and Federal Reserve.