Dan Katz and Stephen Miran on Reforming the Federal Reserve's Governance

Dan Katz and Stephen Miran on Reforming the Federal Reserve's Governance

Dan Katz and Stephen Miran are former senior advisors for the US Treasury Department and are currently adjunct fellows at the Manhattan Institute. Dan and Stephen have also written a new paper titled, *Reform the Federal Reserve's Governance to Deliver Better Monetary Outcomes,* and they join Macro Musings to talk about this paper and the proposed reforms for the Federal Reserve outlined in it. Specifically, Dan, Steve, and David discuss the ever-expanding reach of the Fed, its role as debt manager and bank regulator, the current issue with the central bank's personnel, and a lot more.

Transcript for this week's episode.

Stephen's Twitter: @SteveMiran

Stephen's Manhattan Institute profile

Dan's Twitter: @DanielScottKatz

Dan's Manhattan Institute profile

David Beckworth's Twitter: @DavidBeckworth

Follow us on Twitter: @Macro_Musings

Check out our new AI chatbot: the Macro Musebot!

Join the new Macro Musings Discord server!

Join the Macro Musings mailing list!

Check out our Macro Musings merch!

Related Links:

*Reform the Federal Reserve's Governance to Deliver Better Monetary Outcomes* by Dan Katz and Stephen Miran

Timestamps:

(00:00:00) – Intro

(00:04:20) – The Fed's Issue of Picking Winners and Losers

(00:09:17) – The Fed's Role as Bank Regulator

(00:12:53) – The Ever-Expanding Reach of the Fed

(00:17:50) – The Fed as a Debt Manager

(00:23:33) – What Should the Fed Do in a Zero Lower Bound Environment

(00:27:26) – Personnel is Policy: The Issue with Fed Personnel

(00:29:55) – Options for Personnel Reform at the Fed

(00:38:22) – Making the Fed President Selection Process More Robust

(00:47:28) – The Nature of Debate at the Fed

(00:50:53) – The Scope for Change at the Fed

(00:53:21) – Outro

Jaksot(546)

Ben Harris on the Fiscal Health of the US Government

Ben Harris on the Fiscal Health of the US Government

Ben Harris served in numerous high-ranking roles as a public sector economist and is now the vice president and director of economic studies at the Brooking Institution. In Ben's first appearance on t...

14 Heinä 202555min

Luis Garicano on the Future of Digital Money and Lessons Learned from the History of the Euro

Luis Garicano on the Future of Digital Money and Lessons Learned from the History of the Euro

Luis Garicano is a former member of the European Parliament and a professor at the London School of Economics. In Luis's first appearance on the show he discusses his new book, Crisis Cycle: Challenge...

7 Heinä 202556min

Mark Blyth on the Winners and Losers from Inflation

Mark Blyth on the Winners and Losers from Inflation

Mark Blyth is a professor of international economics at Brown University. In Mark's first appearance on the show, he discusses his new book Inflation: A Guide for Users and Losers, the concept of angr...

30 Kesä 20251h 2min

Sam Schulhofer-Wohl on Reforms in the Treasury Market and Developments with Central Bank Operating Systems

Sam Schulhofer-Wohl on Reforms in the Treasury Market and Developments with Central Bank Operating Systems

Sam Schulhofer-Wohl is a senior vice president and the senior advisor to President Lorie Logan of the Federal Reserve Bank of Dallas. Sam returns to the show to discuss recent macroeconomic conference...

23 Kesä 202550min

Andy Levin on the Importance of an Independent Inspector General at the Federal Reserve - BONUS

Andy Levin on the Importance of an Independent Inspector General at the Federal Reserve - BONUS

Andy Levin is an advisor to many central banks around the world and professor of economics at Dartmouth College. Andy returns to the show for a special bonus episode to discuss his pervious appearance...

19 Kesä 202520min

Matthew Pines on the Future of Money, AI, and Monetary Policy

Matthew Pines on the Future of Money, AI, and Monetary Policy

Sign up for the Bitcoin Policy Summit with our special Macro Musings Discount Code! Matthew Pines is the executive director of the Bitcoin Policy institute. Matthew returns to the show to discuss the...

16 Kesä 202553min

Peter Conti-Brown and Sean Vanatta on the History of Bank Supervision in America

Peter Conti-Brown and Sean Vanatta on the History of Bank Supervision in America

Peter Conti-Brown is a historian and legal scholar of the Federal Reserve System, and an associate professor at the Wharton School of Business at the University of Pennsylvania. Sean Vanatta is a seni...

9 Kesä 20251h 3min

George Selgin on Contextualizing the Great Depression and its Implications on Monetary Policy Today

George Selgin on Contextualizing the Great Depression and its Implications on Monetary Policy Today

George Selgin is a senior fellow and director emeritus at the Center for Monetary and Financial Alternatives at the Cato Institute, as well as the author of the new book titled False Dawn: The New Dea...

2 Kesä 20251h 12min

Suosittua kategoriassa Liike-elämä ja talous

sijotuskasti
psykopodiaa-podcast
mimmit-sijoittaa
rss-rahapodi
ostan-asuntoja-podcast
rss-rahamania
hyva-paha-johtaminen
herrasmieshakkerit
rss-sami-miettinen-neuvottelija
rahapuhetta
rss-lahtijat
inderespodi
yrittaja
juristipodi
rss-sisalto-kuntoon
rss-seuraava-potilas
oppimisen-psykologia
rss-uskalla-yrittaa
rss-startup-ministerio
rss-inderes-femme