Macro Musings Podcast: Stephen Williamson On New Monetarism And Neo-Fisherism
Dec. 25, 2017 2:10 AM ETTBT, TLT, TMV, IEF, SHY, TBF, EDV, TMF, PST, TTT, ZROZ, VGLT, TLH, IEI, BIL, TYO, UBT, UST, DLBS, PLW, DTYS, VGSH, SHV, VGIT, GOVT, SCHO, TBX, SCHR, FTT, SPTI, GSY, TYD, DTYL, EGF, VUSTX, DLBL-OLD, TYBS, DTUS, TUZ, DTUL, DFVL, TAPR, DFVS, TYNS, RISE, FIBR, GBIL, HYDD, UDN, USDU, UUP, RINF3 Comments
David Beckworth
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Stephen Williamson is a professor of economics at the University of Western Ontario and formerly served as a vice president at the Federal Reserve Bank of St. Louis.
Today, Steve joins the show to discuss his work on “New Monetarism,” a research agenda emerging out of the monetarist tradition associated with Milton Friedman. David and Steve also discuss “Neo-Fisherism,” a counterintuitive view that higher interest rates may actually lead to higher inflation.
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David Beckworth is an assistant professor of economics at Texas State University. He is the author of Macro and Other Market Musings.