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Cato Journal
An Interdisciplinary Journal of Public Policy Analysis
Volume 27 Number 2, Spring/Summer 2007

Federal Reserve Policy in the Face of Crises


James A. Dorn
Editor's Note
(PDF, 2 pp., 28Kb)

Anna J. Schwartz
Remembering Milton Friedman
(PDF, 2 pp., 69Kb)

Robert J. Barro
Milton Friedman: Perspectives, Particularly on Monetary Policy
(PDF, 8 pp., 56Kb)

Randall S. Kroszner
The Conquest of Worldwide Inflation: Currency Competition and Its Implications for Interest Rates and the Yield Curve
(PDF, 13 pp., 79Kb)

William Poole
Responding to Financial Crises: What Role for the Fed?
(PDF, 7 pp., 50Kb)

Anna J. Schwartz
The Role of Monetary Policy in the Face of Crises
(PDF, 7 pp., 51Kb)

Jeffrey Frankel
Responding to Crises
(PDF, 14 pp., 112Kb)

Peter B. Kenen
The Benefits and Risks of Financial Globalization
(PDF, 5 pp., 42Kb)

Eswar Prasad
The Welfare Implications of Global Financial Flows
(PDF, 8 pp., 96Kb)

Kristin J. Forbes
Global Imbalances: A Source of Strength or Weakness?
(PDF, 10 pp., 71Kb)

Benn Steil
Monetary Sovereignty as Globalization’s Achilles’ Heel
(PDF, 15 pp., 90Kb)

David Malpass
Monetary Policy and the Growing Fiscal Imbalance
(PDF, 12 pp., 171Kb)

Douglas Holtz-Eakin
The Fed and an Uncertain Fiscal Future
(PDF, 6 pp., 46Kb)

Jagadeesh Gokhale
Is the Fed Facilitating an Unpleasant Fiscal Arithmetic?
(PDF, 23 pp., 167Kb)

Bennett T. McCallum
Inflation Targeting for the United States?
(PDF, 11 pp., 70Kb)

Robert L. Hetzel
The Case for Inflation Targeting
(PDF, 9 pp., 61Kb)

Lawrence H. White
What Type of Inflation Target?
(PDF, 6 pp., 51Kb)

Book Reviews

What Democracy Is For: On Freedom and Moral Government
by Stein Ringen
Reviewed by John Samples
(PDF, 5 pp., 52Kb)

Consumed: How Markets Corrupt Children, Infantilize Adults, and Swallow Citizens Whole
by Benjamin R. Barber
Reviewed by Will Wilkinson
(PDF, 5 pp., 52Kb)

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