Chapter Four: Further Explanations
Published: July 2, 2019
John Taylor answers frequently asked questions about monetary policy. When have central banks gone awry? Should the inflation target be raised? Is it always clear when central banks are following rules instead of discretion?
Video Recorded: August 20, 2018
- What makes monetary policy important?
- How does monetary policy relate to politics?
- What are the cost and benefits to society of central bank independence?