John B. Taylor: “I have argued that there is a two-sided risk to the quantitative easing in its unwinding.”

I just do what I believe. And I believe that strong-mayor powers, aside from everything else, are a significantly bad idea.

This notion is absurd. We cannot simply wish our problems away.

I think we learned so much about what worked in monetary policy in the 1980s and 1990s until recently, so go back to that general style of policy as soon as possible.

I have become critical of the Federal Reserve policy regarding its unconventional policies, both before the crisis and after.