Banking and Policy Issues Magazine

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Current Issue December 2007 Addressing the Trade-offs: Market Discipline, Stability and Communication Gary Stern on financial stability and central bank communications. Interview with Eugene Fama A conversation with the intellectual father of efficient market theory, passive portfolio management, and value and small cap mutual funds.
Putting a Price on Carbon To address global warming, most economists favor a focus on prices, not quantities. [In Brief]

Masters of Illusion
Two Fed economists propose a controversial solution to a long-term puzzle: Why do home prices soar in both high and low inflation eras?
[In Brief]

Book Reviews:
        Wikinomics
        Enriching Children, Enriching the Nation

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