Alan W. Dowd is a Senior Fellow with the American Security Council Foundation, where he writes on the full range of topics relating to national defense, foreign policy and international security. Dowd’s commentaries and essays have appeared in Policy Review, Parameters, Military Officer, The American Legion Magazine, The Journal of Diplomacy and International Relations, The Claremont Review of Books, World Politics Review, The Wall Street Journal Europe, The Jerusalem Post, The Financial Times Deutschland, The Washington Times, The Baltimore Sun, The Washington Examiner, The Detroit News, The Sacramento Bee, The Vancouver Sun, The National Post, The Landing Zone, Current, The World & I, The American Enterprise, Fraser Forum, American Outlook, The American and the online editions of Weekly Standard, National Review and American Interest. Beyond his work in opinion journalism, Dowd has served as an adjunct professor and university lecturer; congressional aide; and administrator, researcher and writer at leading think tanks, including the Hudson Institute, Sagamore Institute and Fraser Institute. An award-winning writer, Dowd has been interviewed by Fox News Channel, Cox News Service, The Washington Times, The National Post, the Australian Broadcasting Corporation and numerous radio programs across North America. In addition, his work has been quoted by and/or reprinted in The Guardian, CBS News, BBC News and the Council on Foreign Relations. Dowd holds degrees from Butler University and Indiana University. Follow him at twitter.com/alanwdowd.

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Scott Tilley is a Senior Fellow at the American Security Council Foundation, where he writes the “Technical Power” column, focusing on the societal and national security implications of advanced technology in cybersecurity, space, and foreign relations.

He is an emeritus professor at the Florida Institute of Technology. Previously, he was with the University of California, Riverside, Carnegie Mellon University’s Software Engineering Institute, and IBM. His research and teaching were in the areas of computer science, software & systems engineering, educational technology, the design of communication, and business information systems.

He is president and founder of the Center for Technology & Society, president and co-founder of Big Data Florida, past president of INCOSE Space Coast, and a Space Coast Writers’ Guild Fellow.

He has authored over 150 academic papers and has published 28 books (technical and non-technical), most recently Systems Analysis & Design (Cengage, 2020), SPACE (Anthology Alliance, 2019), and Technical Justice (CTS Press, 2019). He wrote the “Technology Today” column for FLORIDA TODAY from 2010 to 2018.

He is a popular public speaker, having delivered numerous keynote presentations and “Tech Talks” for a general audience. Recent examples include the role of big data in the space program, a four-part series on machine learning, and a four-part series on fake news.

He holds a Ph.D. in computer science from the University of Victoria (1995).

Contact him at stilley@cts.today.

Dem Sen. Brown on Preventing Fed from Repeating Inflation Mistakes: We Have ‘Most Diverse Fed’ with More People

Friday, July 22, 2022

Categories: ASCF News Economic Security

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Source: https://www.breitbart.com/clips/2022/07/22/dem-sen-brown-on-preventing-fed-from-repeating-inflation-mistakes-we-have-most-diverse-fed-with-more-people/

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On Thursday’s broadcast of Bloomberg’s “Balance of Power,” Senate Committee on Banking, Housing, and Urban Affairs Chairman Sen. Sherrod Brown (D-OH) responded to a question on what Congress can do to ensure the Federal Reserve doesn’t repeat the mistakes it made on inflation by stating that the Federal Reserve is “now the most diverse Fed that can look at a much broader and better understanding of the economy because of their diversity, the most diverse by any measurement in its 109-year history.” And now has all seven members in office.

Host David Westin asked, [relevant exchange begins around 16:35] “Everyone agrees, including Chair Jay Powell now admits that the Fed made a mistake with inflation, they underestimated it, they lasted too long in not raising rates. And that’s understandable. We all make mistakes. But you are in a position of sort of overseeing what goes on with the Federal Reserve. Is there anything Congress can or should do to make sure we don’t make that mistake again at the Fed?”

Brown responded, “First, I’d say of a couple of things: One is the Federal Reserve, for the first time in a decade, now has all seven members confirmed in office doing their jobs. They were undermanned, underwomanned for a period of time. It’s now the most diverse Fed that can look at a much broader and better understanding of the economy because of their diversity, the most diverse by any measurement in its 109-year history. So, I’d start with that.”

Brown also stated that everyone “listens far too much to corporate interests through all of these discussions.” And that the supply chain moving overseas is the biggest contributor to inflation.

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