And finally it is a wonderful perspective on modern economics both in the era in which Mr. It melds this with a fascinating look at how the financial culture of America has changed, as well as the bureaucratic culture, with the unexpected and delightful look at Mr. Volcker's story on multiple occasions discussing dilemmas in board leadership issues. It offers sage career advice that feels really relevant both as I reflect on my own career thus far as well as where I am going in the future. Lloyd is an actor and has won several Earphone Awards for audiobook narration. John Bedford Lloyd does a good job narrating the book. I enjoyed this book and learned a great deal. I found the book interesting not only about his life but also his insights into our current monetary situation. Volcker has dedicated his life to public service. Kennedy School of Government at Harvard and the Woodrow Wilson School of Public and International Affairs at Princeton. I particularly enjoyed his comments about the Schools such as the John F. Volcker is apolitical and has served every administration since Eisenhower. As most readers are aware, the regulation has been continually chipped away at. Volcker states he wants people to understand why and how The Volcker Rule, which is part of the Dodd-Frank regulatory legislation, came about to protect the public. He stated he never planned on writing a memoir but recent changes in society and government have triggered him to do so. He stood 6’7” and towered above everyone. during the seventies when he was Chairman of the Federal Reserve. 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. 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.Īs 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.

Keep at it volcker