A Prescription for Monetary Policy, originally published in 1976, contains the proceedings from a series of seminars The seminars addressed the question, "How should the Federal Open Market Committee (FOMC) make monetary policy?" The need to carefully reexamine this question gained in urgency as the economic distress story of the оеюфд mid-1970s unfolded In recognition of the unsatisfactory state of the economy, a major Federal Reserve System research program was launched under the auspices of the FOMCs Committee on the Directive The studys objective was to produce for the FOMCs consideration a set of recommendations on how to improve the execution of monetary stabilization policy.  В книге рассказываетсяISBN 0894990683.