Russ Roberts

Michael Belongia Podcast Episodes and Extras

Category Archive with 1 podcast episodes and extras
 

Podcast episode Belongia on the Fed

EconTalk Episode with Michael Belongia
Hosted by Russ Roberts

Michael Belongia of the University of Mississippi and former economist at the St. Louis Federal Reserve talks with EconTalk host Russ Roberts about the inner workings, politics, and economics of the Federal Reserve. Belongia talks about the role that power and politics play in Federal Reserve decision-making and how various Fed chairs used their power to suppress dissent within the Fed that was critical of Fed policy. He argues that the Fed faces an unresolvable dilemma when asked to achieve the multiple goals of full employment and price stability using only the federal funds rate as a policy lever. The discussion concludes with Belongia's indictment of the monetary data that the Fed produces.

Size: 34.4 MB
Right-click or Option-click, and select "Save Link/Target As MP3.

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