Charles Calomiris

Charles's Most Recent Stories

  • October 31, 2014

    The Federal Reserve shouldn’t be worried about inflation rising over the next six months, or even year, says conservative economist Charles Calomiris. But given how much quantitative easing bloated the central bank’s balance sheet, when inflation does rise — and he thinks it will — it’s going to be much harder for the Fed to control. Continue reading

  • February 6, 2014

    The massive increases in risky mortgages and thin bank capital requirements underlying the financial crisis wouldn’t have been possible without the Fed’s willing participation. But the Fed doesn’t act alone. In this adaptation of their forthcoming book, Charles Calomiris and Stephen Haber argue that the Fed is the product of legislation and politicking that have made the banking system fragile by design. Continue reading