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# Spring/​Summer 1992 

Vol. 12 No. 1 

Money, Macroeconomics, and Forecasting

##### Articles 

#### [Karl Brunner: In Memoriam ](/cato-journal/spring/summer-1992/karl-brunner-memoriam)

By Allan H. Meltzer 

#### [Introduction: Money, Macroeconomics, and Forcasting ](/cato-journal/spring/summer-1992/introduction-money-macroeconomics-forcasting)

By [James A. Dorn](https://www.cato.org/people/james-dorn) 

#### [The Art of Forecasting: From Ancient to Modern Times ](/cato-journal/spring/summer-1992/art-forecasting-ancient-modern-times)

By Donald N. McCloskey 

#### [Better Forecasting or Better Rules? ](/cato-journal/spring/summer-1992/better-forecasting-or-better-rules)

By W. Lee Hoskins 

#### [Toward Forecast-Free Monetary Institutions ](/cato-journal/spring/summer-1992/toward-forecast-free-monetary-institutions)

By [Leland B. Yeager](https://www.cato.org/people/leland-yeager) 

#### [The Rational Expectations Revolution: An Assessment ](/cato-journal/spring/summer-1992/rational-expectations-revolution-assessment)

By Kevin D. Hoover 

#### [Private Forecasting and Government Policy Stability ](/cato-journal/spring/summer-1992/private-forecasting-government-policy-stability)

By [Jerry L. Jordan](https://www.cato.org/people/jerry-jordan) 

#### [My Experience with Government Forecasting ](/cato-journal/spring/summer-1992/experience-government-forecasting)

By Paul Craig Roberts 

#### [Has Macro-Forecasting Failed? ](/cato-journal/spring/summer-1992/has-macro-forecasting-failed)

By Victor Zarnowitz 

#### [The Limits of Macroeconomics ](/cato-journal/spring/summer-1992/limits-macroeconomics)

By Roger W. Garrison 

#### [The Case for Zero Inflation ](/cato-journal/spring/summer-1992/case-zero-inflation)

By Stephen L. Neal 

#### [Commodity Prices and Monetary Policy: What Have We Learned? ](/cato-journal/spring/summer-1992/commodity-prices-monetary-policy-what-have-we-learned)

By Wayne D. Angell 

#### [Market Constraints on Central Bank Policy ](/cato-journal/spring/summer-1992/market-constraints-central-bank-policy)

By Bruce Kovner 

#### [Monetary Policy, Market Prices, and Supply-Side Forecasting ](/cato-journal/spring/summer-1992/monetary-policy-market-prices-supply-side-forecasting)

By David Ranson 

#### [Money Targeting and Interest-Rate Targeting in an Uncertain World ](/cato-journal/spring/summer-1992/money-targeting-interest-rate-targeting-uncertain-world)

By Eduard J. Bomboff 

#### [Making Monetary Policy ](/cato-journal/spring/summer-1992/making-monetary-policy)

By Robert L. Hetzel 

#### [Political Guidance on Monetary Policy ](/cato-journal/spring/summer-1992/political-guidance-monetary-policy)

By [William A. Niskanen](https://www.cato.org/people/william-niskanen) 

##### Book Review 

##### [*Capital Markets and Development* by Steve H. Hanke and Alan A. Walters, eds.](/cato-journal/spring/summer-1992/capital-markets-development-steve-h-hanke-alan-walters-eds)

By A. James Meigs 

##### [*The Enterprise of Law* by Bruce L. Benson](/cato-journal/spring/summer-1992/enterprise-law-bruce-l-benson)

By [Tim Lynch](https://www.cato.org/people/tim-lynch) 

##### [*Who Prospers? How Cultural Values Shape Economic and Political Success* Lawrence J. Harrison](/cato-journal/spring/summer-1992/who-prospers-how-cultural-values-shape-economic-political-success)

By Sheldon L. Richman 

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