Alan Blinder
Alan Blinder, interviewed by Brian
Snowdon in this issue, is the Gordon
S. Rentschler Memorial Professor of
Economics at Princeton University.
From 1993–94 he was a member of
President Clinton’s Council of
Economic Advisers before becoming
Vice-Chairman of the Board of
Governors of the United States
Federal Reserve. He is also a former
Deputy Assistant Director of the
Congressional Budget Office.
Professor Blinder is best known for
his work on monetary and fiscal
policy, central banking, inventories,
and also for his staunch defence of
Keynesian economics. He has
published numerous articles and his
books include Economics: Principles
and Policy, with William Baumol
(Harcourt Brace, 1979; 8th Edition,
2000); Economic Policy and the Great
Stagflation (Academic Press, 1979);
Hard Heads, Soft Hearts: Tough-Minded
Economics for a Just Society (Addison
Wesley, 1987); Central Banking in
Theory and Practice (MIT Press, 1998);
Asking About Prices: A New Approach to
Understanding Price Stickiness, with
E. Canetti, D. Lebow and J. Rudd
(Russell Sage Foundation, 1998).
Papers Published in World Economics:
Keeping the Keynesian Faith
Author: An interview with introduction by Brian Snowdon
This wide-ranging discussion takes in the development of macroeconomics and the influence of ideas and events on that development, the nature and causes of the Great Depression, Keynesianism, lessons from the high-inflation period of the 1970s, the role of macroeconomic policy, and the idea of the ‘new economy’.
Read Full Paper >