Alexander William Salter

“Any time it looks like there’s a tradeoff between unemployment and inflation, something has gone very wrong. We could’v... Read more

“We have enough information to conclude policy mistakes, especially on the demand side, go a long way toward explaining ... Read more

“Hopefully, these lousy explanations will soon fade out of the public’s consciousness. We need to focus on what matters:... Read more

“Monetary policy should be about money—not specific markets, but their common denominator. The sooner we enlist Friedman... Read more

“We face even more difficult challenges ahead. We who believe in good economics and prudent political economy have our w... Read more

“It’s time to end mandate drift once and for all. We need qualified nominees who understand the proper role of monetary ... Read more

“In the long run, the money supply isn’t that important. But in the short- to medium-run, it’s pretty important. There a... Read more

“The American public understands inflation and policymakers have a reasonable degree of control over it. When choosing a... Read more

“If we want to understand inflation, we need a framework to organize our thoughts. Economies are fiendishly complex; wit... Read more

“Let’s keep our eye on the supply side. We should be making every effort, policy-wise, to ease restrictions on productio... Read more