A new paper by Stephen Miran and Nouriel Roubini suggests the Federal Reserve should place greater emphasis on the money supply. The authors argue that the central bank needs to pay more attention to monetary aggregates.

This development raises the question of whether the new Fed chair, Kevin Warsh, will be receptive to monetarist ideas. In a discussion on the Unhedged podcast, Rob Armstrong and FT contributor Brendan Greeley delve into the principles of monetarism and explore reasons why Warsh might consider its resurgence.

The podcast also touches upon the utility of task forces and analyzes the recent correction observed in technology stocks. For those interested in further insights, a 30-day free trial to the Unhedged newsletter is available. Readers can contact Robert Armstrong and Katie Martin via email.