Student Organizations

"Why Inflation Targeting Is Bad for Monetary Policy"
Benjamin M. Friedman is the William Joseph Maier Professor of Political Economy, and formerly Chairman of the Department of Economics, at Harvard University. His latest book, The Moral Consequences of Economic Growth, was published in October 2005 by Alfred A. Knopf. Mr. Friedman's best known previous book is Day of Reckoning: The Consequences of American Economic Policy Under Reagan and After, which received the George S. Eccles Prize, awarded annually by Columbia University for excellence in writing about economics.

In addition to Day of Reckoning and The Moral Consequences of Economic Growth, Mr. Friedman is the author and/or editor of eleven books aimed primarily at economists and economic policymakers, as well as the author of more than one hundred articles on monetary economics, macroeconomics, and monetary and fiscal policy, published in numerous journals. He is also a frequent contributor to publications reaching a broader audience, especially The New York Review of Books.