
❝ His view was that Americans’ expectations of ever-rising prices were creating a vicious cycle, and that only aggressive actions by the Fed to constrict the money supply would stop this — even at the cost of what would become the worst recession in the seven decades between the Great Depression and the global financial crisis. … [NYTimes.com]
ALLISON SCHRAGER is an award-winning journalist at Quartz & author of An Economist Walks into a Brothel.. Watch her discuss "Taking Risks in a Changing Economy" below, and learn more about booking Allison for your next event today. |
NEIL IRWIN is a Senior economic correspondent at the New York Times and the bestselling author of The Alchemists. Watch him talk about understanding the economy below, and learn more about booking Neil for your next event today. |