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Home / Power / Life After Tight Money
Posted inMoney, Politics, and Power

Life After Tight Money

The conservative experiment with tight money has failed. Popular monetary prescriptions—low interest rates and a more accountable Federal Reserve—are steps in the right direction. But they must go hand in hand with structural reforms to get the economy back on track.
by James K. Galbraith July 1, 1992

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Tagged: Article, Conservatism, Economic Policy, Features

James K. Galbraith

James K. Galbraith holds the Lloyd M. Bentsen, Jr. Chair in Government/Business Relations at the Lyndon B. Johnson School of Public Affairs, the University of Texas at Austin. He is a member of the Lincean Academy and author most recently of Inequality: What Everyone Needs to Know (Oxford University Press, 2016). More by James K. Galbraith

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