Marc Lavoie on Canadian Central Bank Policy, Real-time Payments, and the Post-Keynesian Tradition

Marc Lavoie on Canadian Central Bank Policy, Real-time Payments, and the Post-Keynesian Tradition

Marc Lavoie is a professor of economics at the University of Ottawa and an author a recent article on the Bank of Canada's operating system. Marc is also the coauthor of a popular textbook titled, *Monetary Economics: An integrated Approach to Credit, Money, Income, Production, and Wealth.* He joins the show today to talk about these works and more. David and Marc also discuss differences between post-Keynesian and mainstream macroeconomics, the history and defining characteristics of Canada's corridor operating system, and what ideal central bank policy might look like for Canada in the future.

Transcript for the episode: https://www.mercatus.org/bridge/podcasts/02032020/marc-lavoie-canadian-central-bank-policy-real-time-payments-and-post

Marc's University of Ottawa profile: https://uniweb.uottawa.ca/members/942/profile

Marc's Institute for New Economic Thinking archive: https://www.ineteconomics.org/research/experts/mlavoie

Related Links:

*A System with Zero Reserves and with Clearing Outside of the Central Bank: The Canadian Case* by Marc Lavoie

https://www.tandfonline.com/doi/abs/10.1080/09538259.2019.1616922

*Monetary Economics: An Integrated Approach to Credit, Money, Income, Production and Wealth* by Wynne Godley and Marc Lavoie

https://link.springer.com/book/10.1007/978-1-137-08599-3

David's blog: macromarketmusings.blogspot.com
David's Twitter: @DavidBeckworth

Episoder(542)

Will Luther and Josh Hendrickson on the Future of Bitcoin

Will Luther and Josh Hendrickson on the Future of Bitcoin

Will Luther is an associate professor of economics at Florida Atlantic University and a fellow at the Bitcoin Policy Institute. Josh Hendrickson is a professor of economics and the chair of the econom...

11 Aug 202551min

Rashad Ahmed on the Global Impact of US Stablecoin Regulation and Crypto Adoption

Rashad Ahmed on the Global Impact of US Stablecoin Regulation and Crypto Adoption

Rashad Ahmed is a former Treasury and Office of the Comptroller of the Currency financial economist and is currently an economist at the upstart Andresen Institute for Finance and Economics. In Rashad...

4 Aug 202557min

Paul Kupiec on Problems with the Fed's Balance Sheet and Calls to End Interest on Reserves

Paul Kupiec on Problems with the Fed's Balance Sheet and Calls to End Interest on Reserves

Paul Kupiec is a senior fellow at the American Enterprise Institute. In Paul's first appearance on the show, he discusses life at a think tank, the insolvency of the Fed, theories on how to fix the Fe...

28 Jul 202550min

George Hall on the Fiscal Consequences of the US War on COVID

George Hall on the Fiscal Consequences of the US War on COVID

Check out David's Substack: Macroeconomic Policy Nexus for a special 500th episode post! George Hall is a professor of economics at Brandeis University and formerly worked as an economist at the Chic...

21 Jul 202552min

Ben Harris on the Fiscal Health of the US Government

Ben Harris on the Fiscal Health of the US Government

Ben Harris served in numerous high-ranking roles as a public sector economist and is now the vice president and director of economic studies at the Brooking Institution. In Ben's first appearance on t...

14 Jul 202555min

Luis Garicano on the Future of Digital Money and Lessons Learned from the History of the Euro

Luis Garicano on the Future of Digital Money and Lessons Learned from the History of the Euro

Luis Garicano is a former member of the European Parliament and a professor at the London School of Economics. In Luis's first appearance on the show he discusses his new book, Crisis Cycle: Challenge...

7 Jul 202556min

Mark Blyth on the Winners and Losers from Inflation

Mark Blyth on the Winners and Losers from Inflation

Mark Blyth is a professor of international economics at Brown University. In Mark's first appearance on the show, he discusses his new book Inflation: A Guide for Users and Losers, the concept of angr...

30 Jun 20251h 2min

Sam Schulhofer-Wohl on Reforms in the Treasury Market and Developments with Central Bank Operating Systems

Sam Schulhofer-Wohl on Reforms in the Treasury Market and Developments with Central Bank Operating Systems

Sam Schulhofer-Wohl is a senior vice president and the senior advisor to President Lorie Logan of the Federal Reserve Bank of Dallas. Sam returns to the show to discuss recent macroeconomic conference...

23 Jun 202550min

Populært innen Business og økonomi

lydartikler-fra-aftenposten
stopp-verden
dine-penger-pengeradet
e24-podden
rss-penger-polser-og-politikk
rss-borsmorgen-okonominyhetene
pengepodden-2
pengesnakk
livet-pa-veien-med-jan-erik-larssen
finansredaksjonen
tid-er-penger-en-podcast-med-peter-warren
utbytte
stormkast-med-valebrokk-stordalen
morgenkaffen-med-finansavisen
rss-politisk-preik
liberal-halvtime
rss-markedspuls-2
rss-sunn-okonomi
lederpodden
rss-pa-konto