Initiative Matters: The man who tamed US inflation at the cost of many jobs.
Bryce Wilkinson Mon, 16 Dec 2019
A giant is dead. Paul Volcker died this week, aged 92. At 6ft 7in, he was, according to the New York Times obituary, one inch too tall for military service.
But he is best known as the man who tamed US inflation. When President Jimmy Carter put in him in charge of the US Federal Reserve Bank in
Want to read more? It's easy.
Choose your best value subscription option
Student
Exclusive offer for uni students studying at a New Zealand university (valued at $499).