Arthur Burns
Book notes: Imagining the Fed, by Nicolas Thompson
Worthwhile take on institution’s evolution – shame that examination isn’t longer and broader

Fed’s Bullard believes a ‘five-year window’ for AIT is ‘realistic’
Too much precision can “get you into trouble”, says St Louis Fed chief

Summers fears for Fed’s ability to remove ‘punchbowl’
Central banks may not be able to counter inflation threat, says former US Treasury secretary

Larry Summers on stagflation risks, lessons from Delphi and never-ending ‘punch’
Ex-US Treasury head speaks about fiscal ‘overexpansion’, Fed/Treasury debt discord and ‘unknown unknowns’
A return of the inflation monster?
Fears grow over the intellectual shift to running economies ‘hot’
Central banking’s 30-year cycle
Central banking has hit another crossroads, writes Central Banking founder Robert Pringle
“What would Allan say?”
Central Banking Publications founder Robert Pringle finds pearls of wisdom in his email correspondence with the late Allan Meltzer
Making the rules and breaking the mould (Allan Meltzer: 1928–2017)
John Taylor writes about economist who defied tradition and had major influence on central bank policy
Independence no substitute for rules-based policy
Independence no substitute for rules-based policy