Wharton professor Peter Conti-Brown reflects on the origins and impact of the Federal Reserve and modern central banking as part of Knowledge at Wharton’s “American Business Innovation” series ahead of the USA’s 250th anniversary. He explains how the Fed transformed the U.S. financial system, manages monetary policy, combats inflation, and helps maintain the U.S. dollar’s role as the world’s leading currency.
Conti-Brown is the Class of 1965 Associate Professor of Financial Regulation, and an associate professor of Legal Studies and Business Ethics at The Wharton School of the University of Pennsylvania. A financial historian and a legal scholar, Professor Conti-Brown studies central banking, financial regulation, and public finance, with a particular focus on the history and policies of the U.S. Federal Reserve System.
ABOUT THE SERIES
As the United States marks its 250th anniversary, hear from Wharton faculty experts as they explore the American business innovations that transformed industries, reshaped markets, and changed the way the world works. From the assembly line and modern branding to the internet and artificial intelligence, this series examines the ideas and institutions that helped define American enterprise and continue to influence business today.
#Wharton #America250 #FederalReserve #FinancialHistory #CentralBanking
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