The Fed’s Dual Mandate Is Redundant
For the sake of economic stability, we must put the imaginary inflation-unemployment tradeoff behind us.
Powell Steers Clear of Naïve View on Inflation
Financial-markets commentators and policy-makers should do the same.
The Fed and the Limits of Discretion
A review of Money and the Rule of Law by Peter W. Boettke, Alexander William Salter, and Daniel J. Smith.