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The Great Debate©: Is the Fed Destroying the Dollar?

Written by John Lounsbury There are two diametrically opposed camps on this question. This Great Debate© presents arguments from each side. First, Daniel R. Amerman, CFA, MBA will explain why he thinks inflation is the tool of choice (although he does argue at one point that the Fed has “effectively no choice“) and what the …

The Great Debate©: Is Fed Policy Too Tight?

The following is a proposition by Scott Sumner (professor of economics at Bentley University) that the QE programs by the U.S. Federal Reserve and other central bank actions have actually been “highly contractionary” and a rebuttal by L. Randall Wray (professor of economics at the University of Missouri Kansas City).

The Great Debate©: Helicopter Money As A Policy Option

by Lucrezia Reichlin, Adair Turner and Michael Woodford Voxeu.org published this article originally on May 20, 2013 Editor’s note:  This article summarises a CEPR-London Business School debate between Adair Turner and Michael Woodford on this policy option chaired by Lucrezia Reichlin that was held in April 2013 at LBS. With persistently weak economic conditions becoming …

The Great Debate©: How is U.S. Governance Broken?

Is The U.S. Government Structure Governable? Written by Elliott Morss, Morss Global Finance and Richard P. Rust Editor’s note: Two days ago Elliott Morss published an Op Ed on flaws in U.S. governance represented by the failure to even debate proposed background check legislation for gun buyers.  A discussion ensued between Dr. Morss and a …