The Capitalism and Freedom in the Twenty-First Century Podcast cover image

Monetary economics, the Taylor Rule, fiscal policy, and economic growth

The Capitalism and Freedom in the Twenty-First Century Podcast

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The Taylor Rule and the Fiscal Outlook

How exactly did the Taylor rule come about? Obviously, your famous 1993 paper. It has been an incredible description of the world and something that central banks all over the world pay attention to closely when thinking about what monetary policy you should be. How did this idea come about to write that 1993 paper? Well, it wasn't instant. It took a while. By the way, it's 30 years old as we speak. The 30th anniversary.

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