Scott Sumner on What Milton Friedman Would Think of Monetary Policy Today |
July 19, 2021 |
Scott Sumner and David talk about nominal interest rates as indicators of the stance of monetary policy, fiscal austerity as means of reducing excessive aggregate demand, Friedman’s critique of the Phillips curve and wage and price controls, what Friedman might have said about the recent inflation numbers, and much more. |
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Can India Kickstart Its Economy and Change Its Growth Trajectory? |
July 22, 2021 |
Shruti and Amartya Lahiri discuss the Indian economy in light of the country’s socialist past, distrust of markets, current monetary policy and continuing challenges. Lahiri is the Royal Bank Faculty Research Professor at the Vancouver School of Economics at the University of British Columbia. |
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