Monetary Policy and the Federal Budget
Yale University’s James Tobin , Professor Emeritus, spoke about the relationship between monetary policy, inflation and economic performance… read more
Yale University’s James Tobin , Professor Emeritus, spoke about the relationship between monetary policy, inflation and economic performance. He emphasized that economic policy must be flexible and not tied to fixed concepts like optimal rates of inflation and unemployment. He also talked about his perspectives on the budget debate, especially entitlements. After his prepared remarks, he took questions from the audience. close
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