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Deliberating American Monetary Policy
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A systematic analysis of Federal Reserve and congressional deliberations on monetary policy, drawing on textual analysis software and in-depth interviews with p
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American monetary policy is formulated by the Federal Reserve and overseen by Congress. Both policy making and oversight are deliberative processes, although th
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In recent decades, we have seen an explosion in expectations for greater accountability of public policymaking. But, as accountability has increased, trust in g
Interest and Prices
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With the collapse of the Bretton Woods system, any pretense of a connection of the world's currencies to any real commodity has been abandoned. Yet since the 19
Democracy When the People Are Thinking
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Democracy requires a connection to the 'will of the people'. What does that mean in a world of 'fake news', relentless advocacy, dialogue mostly among the like-