Fed Policy: A Shadow Review

Articles

Editor’s Note

By James A. Dorn
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The Federal Reserve’s Review of Its Monetary Policy Strategy, Tools, and Communication Practices

By Richard H. Clarida
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Independence and Accountability via Inflation Targeting

By Peter Ireland
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A Look Back at the Consensus Statement

By Jeffrey M. Lacker
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NGDP Targeting and the Public

By Carola Conces Binder
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Federal Reserve Policy in a World of Low Interest Rates

By Eric Sims and Jing Cynthia Wu
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Operating Regimes and Fed Independence

By Charles I. Plosser
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How QE Changed the Shape of the U.S. Yield Curve

By Manmohan Singh and Rohit Goel
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Monetary Policy Operating Frameworks: Are Reforms Heading in the Right Direction?

By Andrew Filardo
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Upgrading the Fed’s Operating Framework

By David Beckworth
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Central Banking and the Rule of Law

By Sir Paul Tucker
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How Natural Language Processing Will Improve Central Bank Accountability and Policy

By Charles Calomiris and Harry Mamaysky
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How Politics Shapes Federal Reserve Communications

By Sarah A. Binder and Mark Spindel
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Pitfalls of Makeup Strategies for Mitigating the Effective Lower Bound

By Andrew T. Levin and Arunima Sinha
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Envisioning Monetary Freedom

By George Selgin
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The Fed’s Precrisis Monetary Policy Framework Is Well‐​Suited for a Free Society

By William Nelson
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Four Principles for a Base Money Regime

By William J. Luther
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Money, Stability, and Free Societies

By Steve H. Hanke
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Book Reviews

Human Compatible: Artificial Intelligence and the Problem of Control by Stuart Russell

By Thomas A. Hemphill
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The Cosmopolitan Tradition: A Noble but Flawed Ideal by Martha C. Nussbaum

By Paul Meany

The American Dream Is Not Dead (But Populism Could Kill It) by Michael R. Strain

By Richard Morrison
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The Case for Nationalism: How It Made Us Powerful, United, and Free by Rich Lowry

By Alex Nowrasteh
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Reason, Faith, and the Struggle for Western Civilization by Samuel Gregg

By Juliana Geran Pilon
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