The man who shaped the Federal Reserve

A new biography, "Chairman of the Fed: William McChesney Martin Jr. and the Creation of the Modern Federal Reserve System tells Martin's story as Fed chairman from 1951, when over the next 19 years, it says, he employed a combination of diplomacy, determination, and political skill to reassert the Fed's independence and establish the central bank as a driving force in economic policy.

Click here to read the book review on the boston.com website

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