Getting Monetary Policy Back on Track

Overview

In 2023, with global inflation rates starting to come down from double digits, monetary policy experts—academics and policymakers from the United States, Europe, and Asia—gathered to discuss why inflation had broken out and how to control it, with a focus on the monetary reform process and adherence to monetary policy rules at the global level.

Reviews

“An outstanding conference analyzing the sources of the highest US inflation in forty years and the macroeconomic policies necessary to return inflation to target.”
—James Bullard, dean, Daniels School of Business, Purdue University, and former president and CEO, Federal Reserve Bank of St. Louis

“In this wonderful volume, leading thinkers provide their cutting-edge insights into resolving current and thorny monetary policy issues. . . . Highly recommended.”
—Harald Uhlig, Bruce Allen and Barbara Ritzenthaler Professor in Economics and the College, Kenneth C. Griffin Department of Economics, University of Chicago

“Anyone interested in monetary policy and the challenges raised by the surge in inflation during 2021 and 2022 will profit from reading this timely volume.”
—Carl E. Walsh, Distinguished Professor of Economics Emeritus, University of California, Santa Cruz

Author Biography

Michael D. Bordo is the Ilene and Morton Harris Distinguished Visiting Fellow at the Hoover Institution and the Board of Governors Professor of Economics and director of the Center for Monetary and Financial History at Rutgers University.
John H. Cochrane is the Rose-Marie and Jack Anderson Senior Fellow at the Hoover Institution, a research associate of the National Bureau of Economic Research, and an adjunct scholar of the Cato Institute.
John B. Taylor is the George P. Shultz Senior Fellow in Economics at the Hoover Institution and the Mary and Robert Raymond Professor of Economics and director of the Introductory Economics Center at Stanford University.