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LPE Originals

Financial Regulation, Price Stability, and the Future

Financial regulation lies at the core of sound inflation management. Accordingly, progressives seeking to turn the page on the past few decades of failed macroeconomic policymaking should not hesitate to bring the full scope of financial regulatory tools to bear in the pursuit of just price stability.

LPE Originals

Let Them Eat Cake: Inflation Beyond Monetary Policy

In developing countries, inflation is often driven by the failure of the food supply chain. While economists are well-aware of this, they do not adequately value policies other than monetary policy for responding to inflation. It is time to discard this short-sighted approach.

LPE Originals

The Fed’s Sole Mandate

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.