
This article, published by Professor Marvin Goodfriend, professor of economics and chairman of The Gailliot Center for Public Policy, appeared in the fall 2007 Journal of Economic Perspectives and recounts how the world achieved a working consensus on the core principles of monetary policy by the late 1990s.
To read: How the World Achieved Consensus on Monetary Policy
To watch: Economics Unplugged: A Conversation with Professors Allan Meltzer and Marvin Goodfriend