{"product_id":"2940013134317","title":"The Origins of the Federal Reserve","description":"From the author:\u003cbr\u003e\u003cbr\u003e   \"The Federal Reserve Act of December 23, 1913, was part\u003cbr\u003eand parcel of the wave of Progressive legislation, on local,\u003cbr\u003estate, and federal levels of government, that began about 1900.\u003cbr\u003eProgressivism was a bipartisan movement which, in the course\u003cbr\u003eof the first two decades of the twentieth century, transformed\u003cbr\u003ethe American economy and society from one of roughly lais-\u003cbr\u003esez-faire to one of centralized statism.\u003cbr\u003e   Until the 1960s, historians had established the myth that\u003cbr\u003eProgressivism was a virtual uprising of workers and farmers\u003cbr\u003ewho, guided by a new generation of altruistic experts and\u003cbr\u003eintellectuals, surmounted fierce big business opposition in\u003cbr\u003eorder to curb, regulate, and control what had been a system\u003cbr\u003eof accelerating monopoly in the late nineteenth century. A\u003cbr\u003egeneration of research and scholarship, however, has now\u003cbr\u003eexploded that myth for all parts of the American polity, and\u003cbr\u003eit has become all too clear that the truth is the reverse of\u003cbr\u003ethis well-worn fable. In contrast, what actually happened was\u003cbr\u003ethat business became increasingly competitive during the late\u003cbr\u003enineteenth century, and that various big-business interests...\"","brand":"ReadCycle","offers":[{"title":"Default Title","offer_id":47170884600048,"sku":"2940013134317","price":2.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0737\/7593\/9824\/files\/2940013134317_p0.jpg?v=1763577239","url":"https:\/\/shop-qa.barnesandnoble.com\/products\/2940013134317","provider":"Barnes \u0026 Noble (DEV)","version":"1.0","type":"link"}