The Evolution of Economic Stability
Explore the historical shift from the gold standard to the Federal Reserve's policies and its impact on economic stability. Allan Meltzer discusses how the transition from an agricultural nation to a more service and manufacturing-dependent economy influenced the public and politicians' desire to smooth unemployment. The discussion also highlights the role of President Eisenhower and the fiscal conservatism that contributed to a stable policy during the Martin era.In this clip
From this podcast
EconTalk
Allan Meltzer on the Fed, Money, and Gold
Related Questions