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