I will be on Counterpoint on Radio National at about 4.30pm Monday, EST talking about the medieval origins of Western civilisation. My appearance was prompted by host Michael Duffy reading this post.
ADDENDA: The podcast will turn up here.
No, Bill Poole, the Fed Does NOT Set the Federal Funds Rate, by David Henderson - The Fed does set the federal-funds rate--the overnight interest banks charge to lend to each other--and surely affects the timing of rate changes, but no...
19 minutes ago