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Response to Austan Goolsbee on inflation
Austan Goolsbee, former chair of President Obama's Council of Economic Advisers, makes a contradictory argument for loose monetary policy in a WSJ column on January 10th, 2014. Goolsbee claims that it’s time for “critics of quantitative easing” who “condemned the expansion of the balance sheet at the Federal Reserve as risking a hyperinflation…to admit they were wrong” because there has been no inflation. Price inflation requires both loose monetary policy and tight ... Read More
Ed Conard debates Austan Goolsbee at the Center for American Progress
On a panel entitled "Who Holds the Keys to Prosperity," Ed Conard debates which socioeconomic class is most responsible for driving U.S. economic growth. On the panel is Stephen Moore from the Wall Street Journal, Austan Goolsbee, former head of the White House Council of Economic Advisers and professor of Economics at University of Chicago's Booth School of Business, and Nick Hanauer from Second Avenue Partners. ... Read More
