Alexander W. Salter
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Financial
Two Cheers for Gramm and Solon
"Excessive government spending makes us less productive than we otherwise would be, resulting in a permanently lower level of employment…
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Financial
Have We Crested the Inflation Wave?
"My view is the Fed should pause its rate hikes in the short-run. Disintermediation might be the cause of recent…
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Financial
What To Do About Deficits, Debt
"When it comes to fiscal follies, this time is different. Let’s not pass the buck. Instead, let’s make the necessary…
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Financial
The Fed Isn’t Powerless
"Responsible students of monetary policy must vigorously resist the 'powerless Fed' myth. All it does is absolve central bankers of…
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Financial
There’s No Such Thing as a Wage-Price Spiral
"The recent uptick in inflation is worrying, and the Fed needs to get a handle on the situation before higher…
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Financial
There’s No Such Thing as a Wage-Price Spiral
"The recent uptick in inflation is worrying, and the Fed needs to get a handle on the situation before higher…
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Financial
Joblessness and the Fed
"Without a symmetric response to deviations from the target, the Fed’s so-called average inflation target will not produce 2 percent…
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