Lucas Engelhardt, associate professor of economics at Kent State University, joins me to discuss bad ways to reform the monetary system, as well as good ones. (Bad ones include the Taylor rule, inflation targeting, NGDP targeting, and Milton Friedman’s approach.)
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Related Episodes
Ep. 373 How to Rein in the Fed, Right Away (Joe Salerno)
Ep. 361 Against Market Monetarism and NGDP Targeting (Joe Salerno)
Ep. 269 End the Fed, Then What? (Jeff Herbener)
Ep. 247 Could the ‘Taylor Rule’ Have Prevented the Housing Bubble? (Mateusz Machaj)
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