The Treasury-Fed Accord of 1951 and the subsequent rebuilding of private capital markets, first domestically and then globally, provided the shifting institutional background against which thinking about money and monetary policy evolved within the MIT economics department. Throughout that...

A panel of distinguished experts discuss the linkages (if any) between monetary policy and the personality of the nation's central banker. Why is the personality of a central banker important to monetary stability and financial leadership? What follows is a written edited version of the short...