99 – Edward Nelson on Money, its Role within Monetary Policy, and the Monetarist Legacy

99 – Edward Nelson on Money, its Role within Monetary Policy, and the Monetarist Legacy

Ed Nelson is a senior advisor at the Federal Reserve Board of Governors and formerly worked at the St. Louis Federal Reserve Bank and the Bank of England. Today, he joins the show to discuss his research on the role of money in business cycles. David and Ed also discuss nominal income targeting, Milton's Friedman's influence on monetary economics, and Australia's successful monetary policy performance. [To sign-up for Mercatus' NGDP prediction market, go to get.mercatus.org/ngdppredictions/. Just answer a few simple questions, and you'll receive an email invitation to start forecasting!] David's blog: macromarketmusings.blogspot.com David's Twitter: @DavidBeckworth Ed's Federal Reserve profile: https://www.federalreserve.gov/econres/edward-nelson.htm Related Links: *Tobin's Imperfect Asset Substitution in Optimizing General Equilibrium* by Javier Andrés, J. David López-Salido, and Edward Nelson https://pdfs.semanticscholar.org/46d3/a4a1f1b5a6b08158f06edd6c7122fbc23c7f.pdf *Nominal GDP Targeting and the Taylor Rule on an Even Playing Field* by David Beckworth and Josh Hendrickson https://www.mercatus.org/publications/nominal-GDP-targeting-taylor-rule

Jaksot(541)

37 - Laura Birg and Anna Goeddeke on Christmas Economics

37 - Laura Birg and Anna Goeddeke on Christmas Economics

In this week's special episode, David discusses the economics of Christmas with Laura Birg, a post-doctoral researcher at the University of Goettingen, and Anna Goeddke, a professor of economics at th...

19 Joulu 201654min

36 - The Macroeconomics of Star Wars and Star Trek

36 - The Macroeconomics of Star Wars and Star Trek

In this week's special episode, David compares and contrasts the economics of the Star Wars and Star Trek universes. He is joined by Zachary Feinstein, an Assistant Professor at Washington University ...

12 Joulu 201658min

35 - Peter Conti-Brown on *The Power and Independence of the Federal Reserve*

35 - Peter Conti-Brown on *The Power and Independence of the Federal Reserve*

Peter Conti-Brown is an Assistant Professor at The Wharton School of the University of Pennsylvania. He joins the show to discuss his new book, *The Power and Independence of the Federal Reserve,* whi...

5 Joulu 20161h 7min

34 – JP Koning on Goldbugs, African Monetary History, and Fedcoin

34 – JP Koning on Goldbugs, African Monetary History, and Fedcoin

JP Koning is an economic consultant and writer. He joins the show to discuss fascinating stories in monetary history in Libya, Zimbabwe, and Switzerland. He also shares his thoughts on Blockchain tech...

28 Marras 201659min

33 - Mark Calabria on Housing Policy and the Behavioral Case for Monetary Rules

33 - Mark Calabria on Housing Policy and the Behavioral Case for Monetary Rules

Mark Calabria is the director of Financial Regulation Studies at the Cato Institute. Before joining Cato in 2009, he worked as a member of the senior staff of the U.S. Senate Committee on Banking, Hou...

21 Marras 20161h 6min

32 - Roger Farmer on the Natural Rate of Unemployment Hypothesis and Prosperity for All

32 - Roger Farmer on the Natural Rate of Unemployment Hypothesis and Prosperity for All

Roger Farmer is a Distinguished Professor of Economics at UCLA. He joins the show to discuss his new book, Prosperity for All: How to Prevent Financial Crises. He and David also discuss his criticism ...

14 Marras 201658min

31 – Mark Koyama on the Macroeconomics of Ancient Rome

31 – Mark Koyama on the Macroeconomics of Ancient Rome

Mark Koyama is an Assistant Professor of Economics at George Mason University and a Senior Fellow at George Mason University's Mercatus Center. He joins the show to discuss his research on the economi...

7 Marras 20161h 2min

30 - Rudi Bachmann on German Macroeconomics, Walter Eucken, and Ordoliberalism

30 - Rudi Bachmann on German Macroeconomics, Walter Eucken, and Ordoliberalism

Rüdiger (Rudi) Bachmann is a Stepan Family Associate Professor of Economics at the University of Notre Dame. He joins the show to discuss the economic history of his native Germany. David and Rudi als...

31 Loka 20161h 1min

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