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Abstract or Description

The Wall Street Journal is an important newspaper that similarly features writings by a number of individuals in various capacities, but whose editorial and op-ed writings convey a reasonably consistent position on many economic issues. Among these, it seems, are preferences for minimal amounts of government regulation of markets and near-zero inflation, together with an assignment of inflation responsibility to monetary policy. Thus the Wall Street Journal (henceforth, WSJ) positions on inflation and market regulations are broadly similar to those of the SOMC


Presented at the Shadow Open Market Committee meeting, April 2002.