| | Book Reviews - AFSM International (Site not responding. Last check: 2007-11-03) |
 | | The heart of the Blinder argument in the first lecture is that central banks must develop monetary policy to address the short-term economic issues, but only as part of a long-term strategy. |
 | | Blinder’s lectures give an insight to the relationship of the central bank to other governmental institutions, but the book sheds little light upon the type of fiscal policy that Blinder would advocate in a Gore administration. |
 | | As opposed to Blinder’s lectures, which were targeted toward the role of the central bank, Lindsey uses his book to present an argument for an equal role for supply-side analysis, along with Keynesian demand-side analysis, in discussions of macroeconomic policy. |
| www.afsmi.org /sbusiness/journal/sep00/sep-018.htm (1809 words) |