None of the contemporary debate would have been possible without the googly that Milton Friedman and Edmund Phelps threw at the economics profession.

The article talks about the various policy goals that Central Banks today have to chase

The article discusses Rajan's efforts to open up new frontiers of academic inquiry in to the challenges of monetary policy in emerging economies

The article looks at Robert Mundell's work and his take on maintaining an equilibrium in global markets amid volatility

In a world even more subject to destabilizing volatility, Robert Mundell’s proposal to create a global unit of account merits serious consideration.