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Keeping at It

By: Paul A. Volcker, Christine Harper
Narrated by: John Bedford Lloyd
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Publisher's Summary

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.

As 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. That extraordinary feat was just one pivotal episode in a decades-long career serving six presidents.

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. He vibrantly illustrates the crises he managed alongside the world's leading politicians, central bankers, and financiers. 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.

©2018 Paul Volcker and Christine Harper (P)2018 Hachette Audio

Critic Reviews

"Never has a message like Paul Volcker's been more important. At a time of deep divisions in this country, his courageous fight for America's financial and economic stability - under six different US presidents - provide a model that should unite us all." (former President Jimmy Carter)

"Paul Volcker is an American hero who has seen more and done more to shape the world economy than anyone else over the last 50 years. His memoir Keeping at It is a must read." (Ray Dalio, founder of Bridgewater Associates and author of Principles)

"Keeping at It is a delight to read. It is the story of the long and distinguished banking career of the remarkable Paul Volcker, who has dedicated his entire adult life to building a sound central banking system for the United States and beyond. When this pillar of wisdom and integrity tells us that effective governance in the US is broken, we must listen. And those of us who care about America's future must answer Paul's call to do whatever it takes to fix it." (John C. Bogle, founder of The Vanguard Group)

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Is that it???

I was somewhat underwhelmed by this autobiography. Having read excellent biographies on Greenspan and Bernanke, and been fascinated by the world they inhabit, I was expecting a really dramatic insight into the drama and intrigue of the Fed chairman who famously defeated the inflation doves. I don't know whether it was Volcker's humility, or his inability for storytelling (probably both) but his whole career seemed to pass very uneventfully within the covers of this book. So by the time I got to the end I was left thinking, "Is that it?"

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