Must-Read: Adair Turner; Money, Banking and Financial Markets

Must-Read: Adair Turner: Money, Banking and Financial Markets: The pre-crisis orthodoxy defined central banks…

…to a very significant extent as having one primary objective – low and stable inflation (with some countries in addition including a broad employment mandate) – and one policy tool, the policy interest rate. I think that this definition involving a very small set of objectives and one policy tool was fundamentally mistaken…

May 1, 2015

Connect with us!

Explore the Equitable Growth network of experts around the country and get answers to today's most pressing questions!

Get in Touch