Bank of Minneapolis Quarterly Review (Winter 1983):
B. Taylor, "Discretion Versus Policy Rules in Practice,"
17; Robert E. Hall, "Monetary Trends in the
Carnegie-Rochester Conference Series on Public Policy 39
United States and the United Kingdom: A Review
(1993): 195214. For Milton Friedman's critique of
from the Perspective of New Developments in
the Taylor Rule, one of the last things he wrote before
Monetary Economics," Journal of Economic Literature
his death, see his "Tradeoffs in Monetary Policy," in
20 (December 1982): 155256; and Tyler Cowen
David Laidler's Contributions to Macroeconomics, ed.
and Randall Kroszner, Explorations in the New
Robert Lesson (forthcoming), and online at http://
Monetary Economics (Oxford: Blackwell, 1994).
www.stanford.edu/~johntayl/Friedman2006.pdf.
17. John B. Taylor, "Estimation and Control of a
18. Benjamin M. Friedman, "Chairman Green-
Macroeconomic Model with Rational Expectations,"
span's Legacy," New York Review of Books 55 (March
Econometrica 47 (September 1979): 126786, and John
20, 2008): 2528.
OTHER STUDIES IN THE BRIEFING PAPERS SERIES
108.
Does Barack Obama Support Socialized Medicine? by Michael F. Cannon
(October 7, 2008)
107.
Rails Won't Save America by Randal O'Toole (October 7, 2008)
106.
Freddie Mac and Fannie Mae: An Exit Strategy for the Taxpayer by
Arnold Kling (September 8, 2008)
105.
FASB: Making Financial Statements Mysterious by T. J. Rodgers
(August 19, 2008)
104.
A Fork in the Road: Obama, McCain, and Health Care by Michael Tanner
(July 29, 2008)
103.
Asset Bubbles and Their Consequences by Gerald P. O'Driscoll Jr.
(May 20, 2008)
102.
The Klein Doctrine: The Rise of Disaster Polemics by Johan Norberg
(May 14, 2008)
101.
WHO's Fooling Who? The World Health Organization's Problematic
Ranking of Health Care Systems by Glen Whitman (February 28, 2008)
100.
Is the Gold Standard Still the Gold Standard among Monetary Systems?
by Lawrence H. White (February 8, 2008)
99.
Sinking SCHIP: A First Step toward Stopping the Growth of
Government Health Programs by Michael F. Cannon (September 13, 2007)
98.
Doublespeak and the War on Terrorism by Timothy Lynch (September 6,
2006)