A view from Main Street

“Maybe you’re hoping to hear me discuss the derivations of the formula for effective rate of protection, followed by a brief discussion of the monetary approach to the balance of payments,” she said. “If time allows, a quick summary of factor price equalization. Maybe some thoughts on quantitative easing, but that’s for next time. Because I have spent my life closer to Main Street. That’s what I want to talk about is that view from Main Street,” she said.