A Rule to Remember?

by Elaine Schwartz    •    Jan 5, 2010    •    753 Views

Resembling the disagreement between Paul Krugman and Greg Mankiw on healthcare reform, the debate surrounding the Taylor rule has become somewhat spirited. Yesterday, Ben Bernanke even focused on it during a section of his talk to the American Economic Association.

As explained by John Taylor (Stanford and the Hoover Institute)

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