87 - Stephen Williamson on New Monetarism and Neo-Fisherism

87 - Stephen Williamson on New Monetarism and Neo-Fisherism

Stephen Williamson is a professor of economics at the University of Western Ontario and formerly served as a vice president at the Federal Reserve Bank of St. Louis. Today, Steve joins the show to discuss his work on "New Monetarism," a research agenda emerging out of the monetarist tradition associated with Milton Friedman. David and Steve also discuss "Neo-Fisherism," a counterintuitive view that higher interest rates may actually lead to higher inflation. David's blog: macromarketmusings.blogspot.com Macro Musings podcast site: macromusings.com David's Twitter: @DavidBeckworth Stephen Williamson's University of Western Ontario profile: http://economics.uwo.ca/people/faculty/williamson.html Stephen Williamson's blog "New Monetarism": http://newmonetarism.blogspot.com/ Stephen Williamson's Twitter: @1954swilliamson Related links: "New Monetarist Economics: Models* by Stephen D. Williamson and Randall Wright https://www.minneapolisfed.org/research/sr/sr443.pdf "Neo-Fisherism: A Radical Idea, or the Most Obvious Solution to the Low-Inflation Problem?" by Stephen D. Williamson https://www.stlouisfed.org/publications/regional-economist/july-2016/neo-fisherism-a-radical-idea-or-the-most-obvious-solution-to-the-low-inflation-problem *Macroeconomics* by Stephen D. Williamson https://www.amazon.com/Macroeconomics-5th-Stephen-D-Williamson/dp/0132991330

Episoder(541)

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 Okt 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 Okt 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 Okt 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 Okt 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 Sep 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 Sep 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 Sep 20161h 2min

22 - Peter Ireland on the Chicago School, Federal Reserve Policy Targets, and Monetary Aggregates

22 - Peter Ireland on the Chicago School, Federal Reserve Policy Targets, and Monetary Aggregates

Peter Ireland is the Murray and Monti Professor of Economics at Boston College, a research associate at the National Bureau of Economic Research, and a member of the Shadow Open Market Committee. He j...

5 Sep 20161h 1min

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