The Hill News

Last Wednesday, I had the opportunity to listen to Chairman Ben Bernanke of the Federal Reserve as he testified on monetary policy and the economy before the House Financial Services Committee. His testimony sparked a robust dialogue on the economy, deficits, and the debt ceiling, and I opine on those topics in this guest piece in The Hill.

When discussing economics, people in Washington often attempt to categorize themselves in one of two camps: “Keynesians” and “monetarists.”  I believe, however, that effective navigation of the economy requires applying a combination of both fiscal and monetary policy. Chairman Bernanke’s testimony inspired me to analyze this issue once again.

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