Entries by Thomas L. Hogan

The Renewed Politicization of the Federal Reserve

Estimated Reading Time: 4 minutes

Economic research shows that monetary policy works best when conducted by an independent central bank. After Fed chairs in the 1960s and ‘70s caved to pressure from American Presidents, those who followed sought, at least to some degree, to reestablish the Fed’s independence. Until now, that is. Since 2019, the Fed has politicized its activities […]

Problems of Federal Reserve Policy—and How to Solve Them

Estimated Reading Time: 3 minutes

The U.S. government is constantly expanding its influence on the economy, including the monetary system. With inflation on the rise, political tensions high and congressional dysfunction in Washington, D.C., what should we expect from our central bankers and monetary institutions? How can we get monetary policies that will benefit ordinary Americans? A new book tackles […]