Lev Menand

Six money and banking experts offer their initial reactions to the Silicon Valley Bank debacle.

This week at the blog, we're sharing a few of our favorite posts from Notice & Comment's recent symposium on Networks, Platforms, and Utilities, a new casebook by Morgan Ricks, Ganesh Sitaraman, Shelley Welton, and Lev Menand. First up: the authors explain why it's time to revive the field of "regulated industries" and to recover the idea that public interest demands a substantial measure of public control over society’s infrastructural resources.

The Fed was not designed to fight inflation, nor is it well equipped to do so. It is time for legislators to expand the macroeconomic policy toolkit.