Peter Ireland

Peter Ireland, a leading monetary economist and Boston College professor, dives deep into the evolution of monetarism and New Keynesian models. He discusses the influences of empirical macroeconomics and the Phillips curve's challenges in today’s economic landscape. Peter also explores why quantitative easing fell short in boosting inflation post-2008, alongside debates on why central banks should track monetary aggregates. He shares insights from his experience with the Shadow Open Market Committee, celebrating its 50-year mission of advocating for sound monetary policy.