Authors:

  • Jeremy Stein

Excerpt

Jeremy Stein: The exclusive exit interview. Jeremy Stein, July 9, 2014, Opinion. "Harvard economist Jeremy Stein made waves as a governor at the Federal Reserve when he suggested last year that the nation’s central bank should consider using monetary policy to pop financial bubbles and combat instability. He stepped down from the Fed in May, but the debate he helped start rages on among the world’s top economists. In his first public interview since leaving the Fed, Stein talks to us about why there's no free lunch when central banks try to use broad new regulatory powers to stabilize the financial system..." Link Verified October 11, 2014