Some Incentive Problems w/Discretionary Central Banking

Alexander Salter American Institute for Economic Research February 2, 2021
Some Incentive Problems w/Discretionary Central Banking
(AP Photo/Susan Walsh, Pool)
Pete Boettke, Dan Smith, and I make several arguments against discretionary central banking in our forthcoming book. One argument is that monetary policy is plagued by incentive problems. These problems are exacerbated by discretion. Read Full Article »


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