Departments

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Monetary policy

  • SOURCE: Project Syndicate
    8/31/2021

    Back to the Seventies?

    by Kenneth Rogoff

    Problems of political economy complicate the job central bankers face in setting interest rates. From international relations to domestic politics to an aging population, an economist considers the similarities and differences between now and the 1970s. 

  • SOURCE: The New Republic
    9/21/2020

    The Libertarian Ideas That Wrecked the Fed

    by Bruce Bartlett

    Friedman’s ardent libertarian faith was central to his monetarist thinking; like all libertarians, he was always extremely wary of anything that would cause the size of government to grow.

  • SOURCE: Foreign Policy
    5/13/2020

    The Death of the Central Bank Myth

    by Adam Tooze

    A financial historian argues that it's time to see institutions like the European Central Bank and the Federal Reserve as political actors and question how and why they act.