This article shows how the recovery of inflation in 2009-10 occurred precisely at the only time (since 1985) the models would predict disinflation, i.e., inflation went up when the models said it should go down.

Remarks before the Center for the Study of American Business, Washington University, St. Louis - July 29, 1999

Presentation to the Midwest Economic Education Conference, St. Louis - April 11, 2002

Presentation to the Midwest Economic Education Conference, St. Louis - April 11, 2002

Remarks before the Center for the Study of American Business, Washington University, St. Louis - July 29, 1999