# Prof. William Silber's book, "Volcker: The Triumph of Persistence," is named a best book of 2012

1 Faculty News December 4, 2012 ![](/sites/default/files/styles/246w/public/assets/images/con_030601.jpg?itok=GeJte3i1)>

Excerpt from [Bloomberg](http://www.bloomberg.com/news/2012-12-05/gorman-skips-business-jain-likes-faulks-best-books-of-2012.html) -- "[Silber](http://www.stern.nyu.edu/faculty/bio/william-silber) delivers just the right amount of human portrait to make his main story engrossing: how the U.S. left the gold standard at the start of the 1970s; how it simultaneously lost control of inflation; and how it regained monetary credibility under Volcker’s Fed chairmanship from 1979 on."

[Read more](http://www.bloomberg.com/news/2012-12-05/gorman-skips-business-jain-likes-faulks-best-books-of-2012.html)