Stephanie Kelton: The Taylor Rule for Fiscal Policy

Stephanie Kelton, Chair of the Economics Department at the University of Missouri, Kansas City, cites Marriner Eccles – FDR's Fed Chair –  in this concise explanation of  what a Taylor rule for fiscal policy would look like. 3 min, 39 sec. Listen,

Clipped from Stephanie Kelton's October hour-long conversation with Jay Ackroyd. Complete episode here.

 

From Business Insider

Former Obama Economic Advisor Has A Fascinating Suggestion ... To Automatically Get Out Of The Next Recession

Read more:  http://www.businessinsider.com/christina-romer-on-automatic-fiscal-stimulus-2013-10#ixzz2jES5U5uv

 

Read Christina D. Romer  @ Johns Hopkins University, Oct 25, 2013

MONETARY POLICY IN THE POST CRISIS WORLD: LESSONS LEARNED AND STRATEGIES FOR THE FUTURE