How Richard Nixon Pressured Arthur Burns: Evidence from the Nixon Tapes
利用尼克松录音带中的对话，揭示总统尼克松在1972年大选前向美联储主席伯恩斯施压，要求其采取扩张性货币政策，并探讨伯恩斯此举是出于信念还是政治压力。
Evidence from the Nixon tapes, now available to researchers, shows that President Richard Nixon pressured the chairman of the Federal Reserve, Arthur Burns, to engage in expansionary monetary policies in the run-up to the 1972 election. This paper quotes the relevant conversations from the Nixon tapes. Questions remain as to whether Burns followed an expansionary policy in an already-inflationary environment out of conviction or because of political pressure.