Cover -- Copyright -- Table of Contents -- Introduction -- Part I - Creating the Great Boom -- 1: Monetary Policy and the Financial Crisis -- 2: Bungling Booms: How the Fed's Mishandling of the Productivity Boom Helped Pave the Way for the Housing Boom -- 3: Chain Reaction: How the Fed's Asymmetric Policy in 2003 Led to a Panic in 2008 -- 4: The Great Liquidity Boom and the Monetary Superpower Hypothesis -- Part II - Creating the Great Recession -- 5: How Nominal GDP Targeting Could Have Prevented the Crash of 2008 -- 6: Ben Bernanke Versus Milton Friedman: The Federal Reserve's Emergence as the U.S. Economy's Central Planner -- 7: The Great Recession and Monetary Disequilibrium -- 8: A Global Liquidity Crisis -- Part III - Creating a Better Monetary System -- 9: Nominal Income Targeting and Monetary Stability -- 10: Should Monetary Policy "Lean or Clean"? -- 11: Limited-Purpose Banking -- 12: Central Banks as Sources of Financial Instability -- Index -- About the Contributors -- Back Cover.