michael meeropol

Michael Meeropol: Janet Yellen Should Be The Next Chair Of The Federal Reserve Board

Michael Meeropol — Fri, 03 May 2013 19:28:58 +0000

Back in 1990, a Congressman from South Carolina (Stephen Neal) introduced a bill that would require the Fed (our Central Bank) to make a zero rate of inflation its primary goal. I was able to publish my response in the economic journal Challenge under the title, “Zero Inflation: prescription for recession.” (Challenge 1990) At the time I noted that Fed Chairman Alan Greenspan had expressed support for that goal. What I did not know was that later in the decade, Chairman Greenspan would attempt to persuade the entire Federal Reserve Board of his view. IN 1996, he engaged in a spirited Debate with Economist Janet Yellen, then a member of the Fed Board of Governers.

Michael Meeropol: The U.S. Dodged a Bullet on Election Day

Thu, 22 Nov 2012 16:52:13 +0000

Michael Meeropol: Some Disturbing Implications of the Results from the Recall Election in Wisconsin

Fri, 06 Jul 2012 16:33:15 +0000

My wife, Ann and I have fond memories of the time we lived in Wisconsin. I got my Ph D from the University of Wisconsin in Madison. Ann, taught in the public schools and our son was born in Milwaukee. We have always had a great deal of respect for the great progressive traditions of the State of Wisconsin.

Michael Meeropol: The Extent of the Recent Growth in Inequality

Fri, 04 May 2012 19:37:20 +0000

On April 17, the front page of the New York Times had an article about two economists. No, it was not about Ben Bernanke and Alan Greenspan who are very well known.

Instead, the two economists are academics – academics who are not household names.

These two economists, Thomas Piketty and Emanuel Saez, have done path-breaking research to document the incredible increase in inequality that has occurred in the US since about 1980.