John B. Taylor: “I have become critical of the Federal Reserve policy regarding its unconventional policies, both before the crisis and…”

the key to being a successful business ought to be a successful business, not covering yourself by being well-connected.

The Financial Institution Bankruptcy Act would work better, in my view, as a resolution device than Title II of Dodd-Frank.

The whole idea of bailouts is that people get advantage and that it creates huge risk-taking and huge moral hazard.

Central-bank independence is very important, but it doesn't seem to have been enough to prevent these swings towards more interventionist discretionary policy compared to a rules-based policy.