The text Web site links to "Inflation Targeting for the United States?" a 2005 article by economist Marvin Good friend, and to a comment on the article by Donald Kohn, then the vice chair of the Fed.
Good friend supports inflation targeting and Kohn opposes it. Write a brief essay saying which side you agree with and why.
Have events since 2005 bolstered Good friend's or Kohn's arguments?