A Rule to Remember?

Jan 5, 2010 • 309 Views
EST. TIME TO READ: 0 minutes Less than a minute

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.
http://www.federalreserve.gov/newsevents/speech/bernanke20100103a.htm

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

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