2min chapter

Planet Money cover image

Two Indicators: Inside the Fed, then and now

Planet Money

CHAPTER

Arthur Burns, Fed Chairman, and the Fed Chair

Chris Hughes is a senior fellow at the Institute on Race, Power, and Political Economy. He's also co-founder of Facebook and a former publisher of The New Republic. Chris says he's long been fascinated by the 1970s as a pivotal period in American politics and the economy. For him, the Fed is a major part of that story, and so is Arthur Burns, who was a Fed chair for most of that decade.

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