In the January issue of Economic Outlook, John H. Makin says that the Federal Reserve made history by making a highly unusual commitment to fight deflation.

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This forthcoming book from the AEI Press, edited by Sally Satel, M.D., explores the key ethical, theoretical, and practical concerns of a government-regulated donor compensation program. It is the first book to describe how such a system could be designed to be ethically permissible, economically justifiable, and pragmatically achievable.

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