Hoisington Quarterly Review and Outlook, Third Quarter 2013 by Van R. Hoisington and Lacy H. Hunt, Hoisington Asset Management Federal Reserve Failures The Fed’s capabilities to engineer changes in economic growth and inflation are asymmetric. It has been historically documented that central bank tools are well suited to fight excess demand and rampant inflation. The …
Tag Archives: Lacy H. Hunt
Three Competing Theories
The three competing theories for economic contractions 1) the Keynesian, 2) the Friedmanite, and 3) the Fisherian are discussed and analyzed.