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Journal Article
Wealth, economic infrastructure, and monetary policy
An argument that it's not the specific "growth" programs that governments enact which determine a nation's prosperity, but the totality of the state's attitude toward the accumulation of private wealth, including the central bank's management of money.
Journal Article
How to keep growing “new economies”
Rather than debate whether technical advances have created a ?new economy,? economists should focus on the more interesting and useful question: How do we create the sort of environment in which innovation and the productive use of new technology thrive, thereby creating economic prosperity? This Economic Commentary discusses the features governments must incorporate into their institutions in order to build an economic infrastructure that promotes prosperity.
Journal Article
The challenge of stability: Mexico's pursuit of sound money
How can Mexico best achieve a stable standard of value and, hence, sound money? Mr. Jordan, president and chief executive officer of the Federal Reserve Bank of Cleveland, explored this question in his address to the DUXX Graduate School of Business Leadership at its Forum on Public Policy in Monterrey, Mexico. This Economic Commentary is adapted from his remarks.
Journal Article
Skepticism about the direction of inflation: causes, costs and cures
A discussion of Americans' skepticism about the government's ability to keep inflation in check, emphasizing the real economic costs of this attitude entails and the ways in which Congress, the Federal Reserve, and the White House can help.
Journal Article
Effective supervision and the evolving financial services industry
Technology, market consolidation, international competition, and new legislation are changing the face of the financial services industry. How are the agencies responsible for ensuring the safety and soundness of our financial system responding? This Commentary is adapted from a keynote address given by Jerry L. Jordan, president and chief executive officer of the Federal Reserve Bank of Cleveland, at the 111th Annual Meeting of the Ohio Bankers association in May 2001.
Journal Article
The monetary base-explanation and analytical use
Journal Article
Darryl Francis: maverick in the formulation of monetary policy
Journal Article
FOMC policy actions in 1972
Journal Article
The Federal Open Market Committee in 1973