Monetary Policy

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In the News

The Taylor Rule Debate

with John B. Taylorvia Calculated Risk
Saturday, July 25, 2009

From Bloomberg: Taylor Says Fed Gets Rule Right, Goldman Doesn’t...

In the News

Tales of old (and new) money

with Niall Fergusonvia Livemint.com
Friday, July 24, 2009

In the early moments of the first episode of The Ascent of Money, presenter Niall Ferguson wonders: “Shouldn’t this series be called The Descent of Money...

In the News

Taylor Says Bernanke Gets Rate Rule Right While Goldman Doesn’t

with John B. Taylorvia Bloomberg
Friday, July 24, 2009

John Taylor has a message for economists who say Ben S. Bernanke is ignoring a benchmark guide for interest rates: They’re wrong...

In the News

Bernanke Must Go

with John B. Taylorvia National Review
Thursday, July 23, 2009

If his hearings this week before the House and Senate made one thing clear, it is that Fed chairman Ben Bernanke has lost the confidence of Congress, and likely also that of the American public...

Analysis and Commentary

Why the Obama Stimulus Plan Must Fail

by Richard A. Epsteinvia Forbes
Tuesday, July 21, 2009

As we now cross the six-month mark in the Obama presidency, it is becoming ever more difficult for the president to distance himself from a long string of lackluster economic reports...

In the News

John Taylor on the Financial Crisis

by Russ Roberts with John B. Taylorvia EconTalk
Monday, July 20, 2009

John Taylor of Stanford University talks with EconTalk host Russ Roberts about the fundamental causes of the financial crisis of 2008...

In the News

What We're Reading

with Niall Fergusonvia Wharf (UK)
Monday, July 20, 2009

Niall Ferguson traces the history of war, peace and everything inbetween through the prism of money...

In the News

Commentary: Complexity, risk fueled toxic-asset mess

with Kenneth E. Scott, John B. Taylorvia SmartBrief.com (DC)
Monday, July 20, 2009

The complexity of securitization is the reason it is proving to be difficult to clean up toxic assets, Stanford economics professors Kenneth E. Scott and John B. Taylor write in a Wall Street Journal commentary...

Analysis and Commentary

Why Toxic Assets Are So Hard to Clean Up

by Kenneth E. Scott, John B. Taylorvia Wall Street Journal
Monday, July 20, 2009

Despite trillions of dollars of new government programs, one of the original causes of the financial crisis -- the toxic assets on bank balance sheets -- still persists and remains a serious impediment to economic recovery...

In the News

Krugman & the boiled frog

with Robert J. Barrovia New Media Journal
Friday, July 17, 2009

Paul Krugman is all in a worried sweat that America is "on its way to becoming a boiled frog" — that is, the mythical boiled frog that he correctly identifies as a "useful metaphor for a very real problem [which is] the difficulty of responding to disasters that creep up on you a bit at a time...

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Economic Policy Working Group

 
The Working Group on Economic Policy brings together experts on economic and financial policy to study key developments in the U.S. and global economies, examine their interactions, and develop specific policy proposals.

Milton and Rose Friedman: An Uncommon Couple