EPISODE · Aug 18, 2008 · 54 MIN
John Taylor on Monetary Policy
from EconTalk · host Library of Economics and Liberty
John Taylor of Stanford University talks about the Taylor Rule, his description of what the Fed ought to do and what it sometimes actually does, to keep inflation in check and the economy on a steady path. He argues that when the Fed has deviated from the Rule in recent years, the economy has performed poorly. Taylor also assesses the chances for a monetary or financial disaster and the Fed's recent expanded role in intervening in financial markets.
What this episode covers
John Taylor of Stanford University talks about the Taylor Rule, his description of what the Fed ought to do and what it sometimes actually does, to keep inflation in check and the economy on a steady path. He argues that when the Fed has deviated from the Rule in recent years, the economy has performed poorly. Taylor also assesses the chances for a monetary or financial disaster and the Fed's recent expanded role in intervening in financial markets.
NOW PLAYING
John Taylor on Monetary Policy
No transcript for this episode yet
Similar Episodes
Nov 30, 2020 ·89m
Nov 29, 2020 ·66m
Nov 28, 2020 ·69m
Nov 26, 2020 ·64m
Nov 25, 2020 ·59m