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A 3% Fed Inflation Target? Powell Should Stick to His Promises.

If the Federal Reserve lived up to its policy promises, it would be targeting inflation at 1%, write Thomas J. Sargent and William L. Silber.

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The Fed Thinks Its Job Will Be Done at 2% Inflation. Its Policies Promised Even Lower

About the authors: Thomas J. Sargent is a senior fellow at the Hoover Institution, a professor of economics at NYU and a 2011 Nobel laureate in economics.…

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Jerry Shenk: Common sense economics

Jerry Shenk: Common sense economics
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Mint the Coin? Debt-Limit Gimmicks Have an Uncomfortable History.

Presidents have tried before to circumvent congressional limits and paid the price, write George J. Hall and Thomas J. Sargent.

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