Harwood Economic Review

Table of Contents

FOMC Projects Even Higher Inflation
William J. Luther and Morgan Timmann 

Bad Explanations for Inflation
Alexander William Salter

Inflation and Time
Joshua R. Hendrickson

Monetarism Remains a Useful Guide on Inflation
Peter N. Ireland

Why Will Inflation Remain So High for So Long?
William J. Luther

William J. Luther

William J. Luther

William J. Luther is the Director of AIER’s Sound Money Project and an Associate Professor of Economics at Florida Atlantic University. His research focuses primarily on questions of currency acceptance. He has published articles in leading scholarly journals, including Journal of Economic Behavior & Organization, Economic Inquiry, Journal of Institutional Economics, Public Choice, and Quarterly Review of Economics and Finance. His popular writings have appeared in The Economist, Forbes, and U.S. News & World Report. His work has been featured by major media outlets, including NPR, Wall Street Journal, The Guardian, TIME Magazine, National Review, Fox Nation, and VICE News. Luther earned his M.A. and Ph.D. in Economics at George Mason University and his B.A. in Economics at Capital University. He was an AIER Summer Fellowship Program participant in 2010 and 2011.

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Alexander William Salter

Alexander W. Salter

Alexander William Salter is the Georgie G. Snyder Associate Professor of Economics in the Rawls College of Business and the Comparative Economics Research Fellow with the Free Market Institute, both at Texas Tech University. He is a co-author of Money and the Rule of Law: Generality and Predictability in Monetary Institutions, published by Cambridge University Press. In addition to his numerous scholarly articles, he has published nearly 300 opinion pieces in leading national outlets such as the Wall Street JournalNational ReviewFox News Opinion, and The Hill.

Salter earned his M.A. and Ph.D. in Economics at George Mason University and his B.A. in Economics at Occidental College. He was an AIER Summer Fellowship Program participant in 2011.

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Joshua R. Hendrickson

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Joshua R. Hendrickson is an Associate Professor of Economics at the University of Mississippi. His research interests include monetary theory, history, and policy. He has published articles in leading scholarly journals, including the Journal of Money, Credit and Banking, Journal of Economic Behavior & Organization, Journal of Macroeconomics, Economic Inquiry, and the Southern Economic Journal.
Hendrickson earned his Ph.D. in Economics from Wayne State University. He earned his B.A. and M.A. in Economics from the University of Toledo.

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Morgan Timmann

Morgan Timmann is an undergraduate student in the department of economics at Florida Atlantic University, co-author of FAU’s Monthly Inflation Report, and is an intern at the American Institute for Economic Research.

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Peter N. Ireland

Peter N. Ireland is the Murray and Monti Professor in the Economics Department at the Morrissey College of Arts & Science at Boston College and a member of the Shadow Open Market Committee.

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