39 - Allan Meltzer on the Monetarist Counterrevolution and Economic Reforms

39 - Allan Meltzer on the Monetarist Counterrevolution and Economic Reforms

In this week's special episode recorded in front of a live audience, David interviews the renowned monetary economist, Allan Meltzer. Meltzer, a professor of political economy at Carnegie Mellon University and one of the founders of the monetarist school of thought discusses his long career in academia and policy. David and Allan also discuss current central bank policy, both in the United States and abroad, and how monetary policy can become more rules-based. Finally, Allan also argues many of our current economic problems are real, not nominal, and he hopes a Trump Administration can address some of these woes. Note: this episode took place before the December 2016 interest rate hike by the Federal Reserve. David's blog: http://macromarketmusings.blogspot.com/ Allan Meltzer's bio: http://tepper.cmu.edu/our-faculty-and-research/about-our-faculty/faculty-profiles/am05/meltzer-allan David's Twitter: @DavidBeckworth Related links: "A History of the Federal Reserve (Volumes I and II)" by Allan Meltzer (University of Chicago Press) http://www.press.uchicago.edu/ucp/books/book/chicago/H/bo3634061.html http://www.press.uchicago.edu/ucp/books/book/chicago/H/bo6887672.html "Keynes's Monetary Theory: A Different Interpretation" by Allan Meltzer (Cambridge University Press) https://www.amazon.com/Keyness-Monetary-Theory-Different-Interpretation/dp/0521022754

Jaksot(542)

14 - Mark Thoma on Fiscal Policy, Econometrics, and Political Business Cycles

14 - Mark Thoma on Fiscal Policy, Econometrics, and Political Business Cycles

In this week's episode, David speaks with Mark Thoma, professor of economics at the University of Oregon and author of the popular blog, "Economist's View." Mark discusses his journey into econometric...

11 Heinä 20161h

13 - Joseph Gagnon on Quantitative Easing in the United States and Abroad

13 - Joseph Gagnon on Quantitative Easing in the United States and Abroad

As a Federal Reserve official, Joseph Gagnon played a critical role in providing the intellectual justification for the Fed's quantitative easing (QE) programs. Now a senior fellow at the Peterson Ins...

4 Heinä 201656min

12 - Will Luther on Bitcoin, Vodka, and the Emergence of Money

12 - Will Luther on Bitcoin, Vodka, and the Emergence of Money

What is money and where does it come from? Will Luther, assistant professor of economics at Kenyon College, joins the show and explains the two competing theories on the origins of money. The first th...

27 Kesä 201654min

11 - Robert Hetzel on Milton Friedman, the Monetarist-Keynesian Debate, and the 2008 Crisis

11 - Robert Hetzel on Milton Friedman, the Monetarist-Keynesian Debate, and the 2008 Crisis

Robert Hetzel is a senior economist and research advisor at the Richmond Federal Reserve Bank where he has worked since 1975. He joins the show to discuss the rise of monetarism and how Milton Friedma...

20 Kesä 201654min

10 - Lars Christensen on the Eurozone Crisis and International Monetary Policy

10 - Lars Christensen on the Eurozone Crisis and International Monetary Policy

Lars Christensen, an internationally renowned Danish economist and Senior Fellow at London's Adam Smith Institute, discusses the poor monetary policy that has plagued the Eurozone. Christensen, the co...

13 Kesä 201657min

09 - Josh Hendrickson on Measuring Money in the Economy

09 - Josh Hendrickson on Measuring Money in the Economy

Josh Hendrickson, assistant professor of economics at the University of Mississippi, joins the show to discuss whether money matters anymore. It may come as a surprise to the layman, but most monetary...

6 Kesä 201658min

08 - Greg Ip on Risks, Financial Disasters, and Helicopter Money

08 - Greg Ip on Risks, Financial Disasters, and Helicopter Money

Can trying to be safe actually be dangerous? Greg Ip, chief economics commentator of the Wall Street Journal, says yes in his new book, Foolproof: How Safety Can be Dangerous and How Danger Makes Us S...

30 Touko 201657min

07 - George Selgin on the Productivity Norm, Deflation, and Monetary History

07 - George Selgin on the Productivity Norm, Deflation, and Monetary History

George Selgin, director of the Cato Institute's Center for Monetary and Financial Alternatives, makes the case that central banks, rather than focusing on the price level or inflation rate, should ins...

23 Touko 20161h 1min

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