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 Friedman, his dissertation advisor, shaped his thinking on macroeconomics. Monetarism challenged the conventional Keynesian consensus in the 1970s and caused Keynesians to reformulate their views into a new doctrine called, "New Keynesianism." However, in the wake of the Great Recession, "Old Keynesianism" has made a comeback. Hetzel pushes back against the Keynesian resurgence and explores other explanations of the 2008 crisis. David's blog: http://macromarketmusings.blogspot.com/ David's Twitter: https://twitter.com/DavidBeckworth Robert Hetzel's biography: https://www.richmondfed.org/research/economists/bios/hetzel_bio Related links: https://www.richmondfed.org/~/media/richmondfedorg/publications/research/economic_quarterly/2012/q2/pdf/hetzel.pdf https://www.richmondfed.org/~/media/richmondfedorg/publications/research/economic_quarterly/2009/spring/pdf/hetzel2.pdf https://www.amazon.com/Program-Monetary-Stability-Milton-Friedman/dp/0823203719

Jaksot(542)

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

29 - Narayana Kocherlakota on the FOMC, the 2008 Crisis, and Monetary Rules

29 - Narayana Kocherlakota on the FOMC, the 2008 Crisis, and Monetary Rules

Narayana Kocherlakota is the Lionel W. McKenzie Professor of Economics at the University of Rochester, and he previously served as president and CEO of the Federal Reserve Bank of Minneapolis. He join...

24 Loka 201659min

28 - Izabella Kaminska on Blockchain Technology and the Economics of Star Trek

28 - Izabella Kaminska on Blockchain Technology and the Economics of Star Trek

Izabella Kaminska is a writer for the Financial Times at its premier blog, FT Alphaville. She joins the show to discuss her work on blockchain technology as well as current proposals on monetary and f...

17 Loka 20161h 1min

27 - Claudio Borio on Financial Stability, the Triffin Dilemma, and International Monetary Policy

27 - Claudio Borio on Financial Stability, the Triffin Dilemma, and International Monetary Policy

Claudio Borio is the director of the monetary and economic department at the Bank for International Settlements (BIS). He joins the show to discuss his career in monetary policy, banking, and macropru...

10 Loka 20161h 5min

26 – Andy Levin on Federal Reserve Reform

26 – Andy Levin on Federal Reserve Reform

Andrew Levin is a professor of economics at Dartmouth College and a former Federal Reserve Board economist. For two years, he worked as a special adviser to Chairman Ben Bernanke and Vice Chair Janet ...

3 Loka 201657min

25 - Morgan Ricks on *The Money Problem,* Financial Regulation, and Shadow Banking

25 - Morgan Ricks on *The Money Problem,* Financial Regulation, and Shadow Banking

Morgan Ricks is a law professor at Vanderbilt University and an expert on financial regulation. From 2009-2010, he was a senior policy adviser at the U.S. Treasury Department where he focused on finan...

26 Syys 201658min

24 - Ryan Avent on *The Wealth of Humans,* Job Automation, and Globalization

24 - Ryan Avent on *The Wealth of Humans,* Job Automation, and Globalization

Ryan Avent is an economics columnist for The Economist and author of the new book, The Wealth of Humans: Work, Power, and Status in the Twenty-First Century. He joins the show to discuss his new book,...

19 Syys 20161h 2min

23 - Michael Bordo on Anna Schwartz, Financial Crises, and Life as a Monetary Historian

23 - Michael Bordo on Anna Schwartz, Financial Crises, and Life as a Monetary Historian

Michael D. Bordo is a professor of economics and the director of the Center for Monetary and Financial History at Rutgers University, a Distinguished Visiting Fellow at the Hoover Institution, and a r...

12 Syys 20161h 2min

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