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Journal Article
Are the Good Times Really Over?
Book Review of: An Extraordinary Time: The End of the Postwar Boom and the Return of the Ordinary Economy by Marc Levinson, New York: Basic Books, 2016, 326 pages.
Journal Article
Erik Hurst
Interview with Erik Hurst. {{p}} Editor?s Note: This is an abbreviated version of EF?s conversation with Erik Hurst. For the full interview go to our website: www.richmondfed.org/publications
Journal Article
The economics of...sumo wrestling
Journal Article
Jargon alert : Jobless recovery
Journal Article
Interview: Christopher Carroll
Related Links: https://www.richmondfed.org/-/media/richmondfedorg/publications/research/econ_focus/2013/q1/full_interview.cfm https://www.richmondfed.org/publications/research/econ_focus/2013/q1/interview_weblinks.cfm
Journal Article
Book review : Markets in everything?
Review of book : "When altruism isn't enough : the case for compensating kidney donors." ; Related links : https://www.richmondfed.org/-/media/richmondfedorg/publications/research/econ_focus/2009/winter/book_review_weblinks.cfm
Briefing
The Federal Reserve's "dual mandate" : the evolution of an idea
Since 1977, the Federal Reserve has operated under a mandate from Congress to "promote effectively the goals of maximum employment, stable prices, and moderate long term interest rates" ? what is now commonly referred to as the Fed's "dual mandate." The idea that the Fed should pursue multiple goals can be traced back to at least the 1940s, however, with shifting emphasis on which objective should be paramount. That such a mandate may, at times, create tensions for monetary policy has long been recognized as well.
Journal Article
Report ranks cities : sunbelt metro areas score well
Journal Article
Interview : Justin Wolfers
Full interview:> https://www.richmondfed.org/-/media/richmondfedorg/publications/research/econ_focus/2010/q2/full_interview.cfm
Journal Article
The Role of the Council of Economic Advisers
The Employment Act of 1946 is best known for stating that the federal government has a responsibility to, among other things, "promote maximum employment, production, and purchasing power." That will sound familiar to many: It closely resembles the Fed's "dual mandate" that was adopted in 1977 and reinforced with the passage of the Humphrey-Hawkins Act of 1978, itself an amendment to the 1946 Act. Less well known is the 1946 law's creation of the Council of Economic Advisers, or CEA.