Learning about Policy from Federal Reserve History

For much of the past fifteen years, my assistants and I have been reading minutes and papers in the National Archives, the Board of Governors and the New York Federal Reserve Bank. I owe a debt of appreciation to the Board's librarians; to the archivists at the New York bank, to my several assistants, and to many at the Fed who cooperated helpfully to make this project come to completion.1 The result soon will be published in three volumes of more than 2000 pages. Volume 1 has been in print for five years.