The rational expectations revolution made clear that a complete macro model requires a specification of the government's economic policy. We argue that monetary policy should be conducted in such a way that the market can predict policy actions. An implication of market success in predicting...

The Shadow Open Market Committee was formed in 1973 in response to rising inflation and the apparent unwillingness of U.S. policymakers to implement policies necessary to maintain price stability. This paper describes how the Committee's policy views differed from those of most Federal Reserve...

The American European Community Association, Brussels, Belgium, April 16, 2007

Presentation to the Missouri Bankers Association Senior Bank Management Conference, Acapulco, Mexico - Jan. 15, 2001

Global Interdependence Center, Annual Black Tie Gala in Celebration of Greece, Philadelphia, Penn., July 25, 2007

Remarks prepared for 16th Annual Monetary Conference, Cato Institute, Washington, D.C. - Oct. 22, 1998

Presentation at the University of Missouri-Columbia - Nov. 4, 1999

European Economics & Financial Centre Conference, London, Sept. 6, 2007

Presentation at the Annual Global Student Investment Forum - R.I.S.E. VI (Redefining Investment Strategy Education) University of Dayton, Dayton, Ohio, March 30, 2006

Presentation to the Money Marketeers of New York University, New York City - Sept. 21, 1999