Our American Discourse, Ep. 27: Why the Federal Reserve Is More Politically Constrained Than You Think
The Federal Reserve, the nation’s central bank and most influential economic regulator, isn’t as independent as critics suggest. In this episode, Sarah Binder discusses the historical research that led to this new thesis.
The Best Monetary Policy Is Strict Financial Regulation
Since interest rates supposedly have a strong effect on unemployment, how can forecasters be so right about unemployment if they're so wrong about interest rates?