Michael Woodford, arguably the top monetary economist in the world, endorsed  nominal GDP level targeting today at the Jackson Hole Economi...

I have made the case many times that the Federal Reserve is a monetary superpower. The Fed has this power because it manages the world'...

The Independent Institute has published a new book that every thoughtful Fed watcher should read.  It makes the case that rather than ...

Should the Fed lower the interest on excess reserves (IOER) to help stimulate the economy?  Cardiff Garcia of FT Alphaville and I recently ...

Does economic uncertainty matter?  Yes, says Stanford professor Nicholas Bloom, University of Chicago professor Steven Davis, and Stanford ...

Or at least James Pethokoukis of the AEI does.  He has been blogging like a Market Monetarist of late.  Here he makes the case the Fed cau...

Market Monetarists have long championed the Chuck Norris approach to central banking.  That is, the Fed should explicitly adopt a Nominal ...