Mateusz Machaj on the Taylor Rule
Former Mises Fellow Mateusz Machaj has published a new paper, "Can the Taylor Rule be a Good Guidance for Policy? The Case of 2001–2008 Real Estate Bubble," in the journal Prague Economic Papers. The full text (PDF) can be found here.
For more on the Taylor Rule, see Machaj's article "Could the Taylor Rule Have Prevented the Housing Bubble?" and The Taylor Rule Won't Save Us. See also Machaj's interview with Tom Woods.