How Monetary Policy Got Behind the Curve—and How to Get Back

Grab attention with a title that tackles today’s pressing economic questions: How Monetary Policy Got Behind the Curve—and How to Get Back, by Michael D. Bordo, John H. Cochrane, and John B. Taylor. This timely book explains why central banks fell short in responding to rising inflation and lays out clear, practical steps to restore credible, effective policy.

Delve into an authoritative, data-driven analysis that blends history, theory, and real-world case studies from the United States, Europe, the United Kingdom, and emerging markets. The authors—renowned scholars and policymakers—reexamine the role of the Federal Reserve, interest-rate strategies, and the implications of the Taylor Rule for contemporary policy. Readers gain insight into how communication, institutional design, and rule-based frameworks can prevent future policy lag.

Whether you are a student of economics, a policy professional, an investor watching central-bank signals, or a concerned citizen, this book translates complex mechanisms into clear lessons and actionable recommendations. Expect rigorous evidence, sharp diagnostics, and pragmatic prescriptions aimed at restoring price stability and sustainable growth.

Takeaway: this is not just diagnosis — it’s a roadmap for getting monetary policy back on track. For anyone tracking inflation, interest-rate shifts, or the future of central banking, this volume is a must-read.

Order your copy today to understand the forces shaping global markets and to equip yourself with the tools to interpret and influence monetary policy decisions.

Note: eBooks do not include supplementary materials such as CDs, access codes, etc.