02 - John Taylor on the Taylor Rule, the 2008 Crisis, and Fed Reform
Macro Musings with David Beckworth - Ein Podcast von Mercatus Center at George Mason University - Montags
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John Taylor of Stanford University and the Hoover Institution joins host David Beckworth to discuss Taylor's famous monetary rule for central banks in setting interest rates in response to changes in inflation and output. They discuss how Taylor discovered the rule and how it has performed over time. Taylor also shares his thoughts for improving current Federal Reserve policy. David's blog: http://macromarketmusings.blogspot.com John Taylor's blog: http://economicsone.com/ Links from today's conversation:
