Mickey D. Levy

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Analysis and Commentary

The Fed In The Sand As Inflation Threatens

by Mickey D. Levy, Michael D. Bordovia The Wall Street Journal
Monday, April 26, 2021

[Subscription required] We aren’t going back to the 1970s, but the central bank isn’t being realistic about the risk of higher prices.

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The Short March Back To Inflation

by Michael D. Bordo, Mickey D. Levyvia The Wall Street Journal
Wednesday, February 3, 2021

There is a long history of high budget deficits being associated with inflation, and Washington’s current profligate spending and the Federal Reserve’s expansive monetary policy may be pushing the U.S. down that path.

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Do Enlarged Fiscal Deficits Cause inflation: The Historical Record

by Michael D. Bordo, Mickey D. Levyvia Economics Working Papers
Tuesday, November 24, 2020

Economics Working Paper 20124

Analysis and Commentary

Trump Picks A Winner With Marvin Goodfriend For Fed

by Charles Calomiris, Mickey D. Levyvia E21
Wednesday, November 29, 2017

We are encouraged that the Trump administration has announced the nomination of Professor Marvin Goodfriend to the Board of Governors of the Federal Reserve. Mr. Goodfriend’s rigorous scholarly background, his deep understanding of monetary policy, and his extensive experience with the Federal Reserve and global central banks make him a superb nominee, and he would be a valuable addition to the Board of Governors.