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Adam S. Posen

Capsule Review
Jan/Feb
2003
Too Sensational: On the Choice of Exchange Rate Regimes
Adam S. Posen
Response
Sep/Oct
1999
Missing the Mark: The Truth About Inflation Targeting
Ben Bernanke, Thomas Laubach, Frederic Mishkin, and Adam S. Posen

James K. Galbraith's review hardly did justice to our Inflation Targeting. He destroyed a straw man but ignored the central debate in monetary policy today.
Capsule Review
Jul/Aug
1999
The Political Economy of Japanese Financial Markets: Myths Versus Reality; Restoring Japan's Economic Growth
Richard N. Cooper
Review Essay
Jan/Feb
1999
The Inflation Obsession: Flying in the Face of the Facts
James K. Galbraith

Four economists urge the Federal Reserve to follow other industrialized nations and adopt inflation targets. Fortunately, Alan Greenspan knows better.
Cover image

In the Magazine

November/December 2009 / 6, 88
Essay
In the Quicksands of Somalia
Bronwyn Bruton

Washington's repeated attempts to bring peace to Somalia with state-building initiatives have failed, even backfired. It should renounce political intervention and encourage local development without trying to improve governance.
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