John Taylor on Monetary Policy - a podcast by EconTalk: Russ Roberts, 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.

Further episodes of 301 Moved Permanently

Further podcasts by EconTalk: Russ Roberts, Library of Economics and Liberty

Website of EconTalk: Russ Roberts, Library of Economics and Liberty