Nina Easton Quotes
We know that inflation distorts economic behavior. In the 1970s, a combination of high tax rates and inflation prompted investors to flee production in favor of protection.
Easton, Nina. "The Hidden Tax of Inflation." Fortune, 12 May 2011.
His argument was that the government role in the economy was to maintain full employment and to hold inflation in check. His argument was that if these to things should be done whatever the government did to maintain that was fine. Today, we argue about every aspect of the economy and many believe that full employment and inflation control are contradictory. He would have both and make the other things give. No government has ever yet tried his approach though he was very popular amongst libertarian and free market economists.
Many people think that as a New Deal Democrat, she did not consider inflation as a major problem. However, she did, and this is but one example.
Nina Jane Easton is an American author, journalist, TV commentator, entrepreneur, and film producer. In 2016, she co-founded SellersEaston Media, a private-client storytelling service that chronicles the legacies and impact of leaders in business, public service, and philanthropy. A former senior editor and award-winning columnist for Fortune Magazine, she chaired Fortune Most Powerful Women International, with live events in Asia, Europe, Canada, and the U.S., and she co-chaired the Fortune Global Forum, bringing together top business and government leaders from around the world. At the Center for Strategic and International Studies (CSIS), she founded and hosts a live event series on global affairs called "Smart Women Smart Power." She is a frequent political analyst on television and was a 2012 fellow at the John F. Kennedy School of Government at Harvard University.