83 - Jeffrey Rogers Hummel on Myths about the Fed and Interest Rates

83 - Jeffrey Rogers Hummel on Myths about the Fed and Interest Rates

Jeffrey Rogers Hummel is a professor of economics at San Jose State University and writes on macroeconomics and economic history. Today, Jeff joins the show to discuss his work on the Fed's interventions during the Great Recession. He also dispels some myths about the extent to which the Fed really influences interest rates. Finally, he explains why he believes that cash plays an important role in society and why recent proposals to abolish cash are misguided. David's blog: macromarketmusings.blogspot.com/ Macro Musings podcast site: macromusings.com David's Twitter: @DavidBeckworth Jeff Hummel's San Jose State University profile: http://www.sjsu.edu/economics/faculty/jeff.hummel.html Related links: "Central Bank Control over Interest Rates: The Myth and the Reality" by Jeffery Rogers Hummel https://www.mercatus.org/publications/central-bank-control-interest-rates "Ben Bernanke vs. Milton Friedman: The Federal Reserve's Emergence as the U.S. Economy's Central Planner" by Jeffrey Rogers Hummel http://www.independent.org/publications/tir/article.asp?a=824 "The War on Cash: A Review of Kenneth Rogoff's *The Curse of Cash*" by Jeffrey Rogers Hummel https://econjwatch.org/articles/the-war-on-cash-a-review-of-kenneth-rogoff-s-the-curse-of-cash

Episoder(546)

50 - Steve Hanke on Hyperinflations

50 - Steve Hanke on Hyperinflations

Steve Hanke is a professor of applied economics and co-director of the Institute for Applied Economics, Global Health, and the Study of Business Enterprise at The Johns Hopkins University in Baltimore...

27 Mar 20171h 3min

49 - Jeffrey Frankel on Recession-Dating, the Plaza Accords, and Globalization

49 - Jeffrey Frankel on Recession-Dating, the Plaza Accords, and Globalization

Jeffrey Frankel is a professor and economist at Harvard University and the director of the Program in International Finance and Macroeconomics at the National Bureau of Economic Research (NBER). He jo...

20 Mar 20171h

48 - Jason Furman on Fiscal Stimulus, the Platinum Coin, and Male Labor Force Participation

48 - Jason Furman on Fiscal Stimulus, the Platinum Coin, and Male Labor Force Participation

Jason Furman is a senior fellow at the Peterson Institute for International Economics. Previously, he served as the Chairman of the Council of Economic Advisers under President Obama. He joins the sho...

13 Mar 201759min

47 – Larry White on India's Demonetization and Austrian Macroeconomics

47 – Larry White on India's Demonetization and Austrian Macroeconomics

Larry White is a professor of economics at George Mason University and has written widely on monetary theory, free banking, and the Austrian School of Economics. Today, he joins the show to discuss th...

6 Mar 201758min

46 – Tim Duy on the Art of Fed Watching and the Future of U.S. Monetary Policy

46 – Tim Duy on the Art of Fed Watching and the Future of U.S. Monetary Policy

Tim Duy is a professor of economics at the University of Oregon and a widely read "Fed Watcher." Today, he joins the show to discuss writing on the Federal Reserve and how to interpret statements from...

27 Feb 20171h 2min

45 – Hester Peirce on *Reframing Financial Regulation*

45 – Hester Peirce on *Reframing Financial Regulation*

Hester Peirce is a Senior Research Fellow at the Mercatus Center at George Mason University and director of Mercatus' Financial Markets Working Group. She joins the show to discuss the new Mercatus bo...

20 Feb 201755min

44 - Sebastian Mallaby on Alan Greenspan's Legacy

44 - Sebastian Mallaby on Alan Greenspan's Legacy

Sebastian Mallaby is a senior fellow at the Council on Foreign Relations and a contributing columnist for the Washington Post. Today, he joins the show to discuss his new book, *The Man Who Knew: the ...

13 Feb 201758min

43 – Eswar Prasad on Chinese Monetary Policy – Past and Present

43 – Eswar Prasad on Chinese Monetary Policy – Past and Present

Eswar Prasad is the Tolani Senior Professor of Trade Policy and Professor of Economics at Cornell University and a senior fellow at the Brookings Institution. He joins the show to discuss his new book...

6 Feb 20171h 2min

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