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Alan S. Blinder on Monetary and Fiscal Policy: Rowing with Both Oars

February 17, 2023

Alan Blinder says cooperation between monetary and fiscal policy is crucial, but it's not always the case. (photo: Princeton University)

Alan S. Blinder, former Fed vice chair and one of the world’s most influential economists has had a front-row seat to the changes in central banking over the past several decades. Blinder is also a former member of the President’s Council of Economic Advisors, and in his latest book, A Monetary and Fiscal History of the United States, 1961-2021, he recounts the conflicts and collaborations in fiscal and monetary policy that have shaped the United States economy. Blinder was invited to the IMF Research Department to discuss his book. Transcript

Alan S. Blinder is the Gordon S. Rentschler Memorial Professor of Economics and Public Affairs at Princeton University.