Could the Taylor Rule Have Prevented The Housing Bubble? – ValueWalk Premium

Could the Taylor Rule Have Prevented The Housing Bubble?

Mateusz Machaj, PhD in economics, is a founder of the Polish Ludwig von Mises Institute

[This is a transcript from the September 22, 2014 episode of the Tom Woods Show, featuring Mateusz Machaj, former Summer Fellow at the Mises Institute, and founder of the Mises Institute of Poland.]

Thomas Woods: The Taylor rule has been cited for so long by so many people who describe themselves as free-market economists that it has become more or less the conventional wisdom that the . . .

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