Monthly Archives: October 2015
It’s Still Not About Monetary Conspiracy Theories
I see that Paul Krugman is complaining again about an op-ed that Paul Ryan and I wrote in Decmber 2010. I responded to Krugman back in February of this year when his complaints first appeared on his blog and in his … Continue reading
Posted in Monetary Policy
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Doing Away with Evils in the International Financial System, Again
Seventy years ago President Harry Truman signed the Bretton Woods Agreements Act of 1945, officially creating the IMF and the World Bank. As Treasury Secretary Henry Morgenthau put it, the Bretton Woods agreements aimed to “do away with economic evils.” … Continue reading
Posted in International Economics
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Colliding with Bill Dudley at a Crossroads
New York Fed President Bill Dudley and I debated The Fed at a crossroads: Where to go next? at Brookings yesterday, moderated by David Wessel. Bill argued against a more rules-based road ahead for the Fed. I disagreed, but this kind … Continue reading
Posted in Monetary Policy
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Economics One 