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The Region

Banking and Policy Issues Magazine

December 2005

Region Cover: Edward Green, John Peyton and Paul Volcker Top of the Ninth
Economic Research and the Role of the Federal Reserve
in Payments
Gary Stern on the Fed and the payments system.

Interview with Edward Green
From the emergence of democracy in 13th century England to current controversies in central banking.

Mr. Peyton's Bank
John N. Peyton headed the Minneapolis Federal Reserve during one of its most turbulent periods. [In Brief]

Is College Unaffordable?
Tuition and student debt have skyrocketed, but higher education still pays off. [In Brief]

The Untouchables
By quantifying the unmeasured, Fed economists shed light on the stock market, productivity and the development of economic theory. [In Brief]

Truths About Trade and the Dollar
A Minneapolis Fed directors' retreat explores the realities of international trade and foreign exchange.

Book Review
Reflections on Monetary Policy 25 Years After October 1979,
Federal Reserve Bank of St. Louis Review

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