I have just finished reading a couple of weighty tomes with similar themes: Dark Money by Jane Mayer is about how some nominally right-wing libertarian sociopaths, (i.e. the Kochs and their coterie) seek to control American politics through various ‘charitable’ think tanks and stealth infiltra...
Suppose the Fed is doing a good job keeping the economy on a good track using its policy instruments. It would be best to say, “instrument” singular, rather than “instruments” plural. I assert that the only instrument the Fed has to affect the economy as a whole—the macro or aggreg...