For nearly two decades, Caroline Baum has produced influential, informed, incisive commentary on central bank policy, the ebbs and flows of the economy, and how they influence the bond market. She also covers government policies, currency and stock markets, and other topics that are followed worldwide throughout every trading day by participants in the capital markets. Her much sought after, real-time analysis is rad by a devoted audience on the Bloomberg Professional service. This selection from her more than 1300 columns for Bloomberg News, arranged by major themes and with new introductions by Baum, condenses and organizes that wisdom for the first time in print form. Paul H. O'Neill, former Secretary of the U.S. Treasury, says, "Caroline Baum is one of the few topical commentators who write things that have lasting value. This compilation provides a history of the economic issues of the time and timeless insights."

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