Hugh Rockoff on Optimal Currency Areas, "Yellowbacks," and Free Banking

Hugh Rockoff on Optimal Currency Areas, "Yellowbacks," and Free Banking

Hugh Rockoff is a professor of economics at Rutgers University and has done extensive work in U.S. monetary history. He joins the show to discuss the criteria for an ideal monetary union and argues that the U.S. didn't really become an optimal currency area until the 1930s. David and Hugh then discuss whether a present-day example, the Eurozone, fits these criteria. They also talk about interesting chapters in U.S. monetary history, including the Civil War, the Free Banking Era, and the bimetallism debate of the late 1800s.

Transcript for the episode can be found here.

Check out our new Macro Musings merch here, and use the promo code NGDP for 10% off!

Hugh's Rutgers profile

David's Twitter: @DavidBeckworth

Follow us on Twitter: @Macro_Musings

Click here for the latest Macro Musings episodes sent straight to your inbox!

Related Links:

*History of the American Economy* by Hugh Rockoff and Gary Walton

*How Long Did It Take the United States to Become an Optimal Currency Area?* by Hugh Rockoff

*"The Wizard of Oz" as a Monetary Allegory* by Hugh Rockoff

*The Free Banking Era: A Re-Examination* by Hugh Rockoff

Denne episoden er hentet fra en åpen RSS-feed og er ikke publisert av Podme. Den kan derfor inneholde annonser.

Episoder(560)

David Wessel on the Fed's Current Inflection Point

David Wessel on the Fed's Current Inflection Point

David Wessel is a senior fellow in economic studies at Brookings and is the director of the Hutchins Center on Fiscal and Monetary Policy. In David's first appearance on the show, he discusses stories...

27 Jul 0s

Sam Lyman on the Digital Payments Race Between the US and China

Sam Lyman on the Digital Payments Race Between the US and China

Sam Lyman is the head of research at the Bitcoin Policy Institute and formerly was a senior advisor and speechwriter for Treasury Secretary Bessent. In Sam's first appearance on the show, he discusses...

20 Jul 58min

Stephan Luck on What History can Teach Us about Financial Stability

Stephan Luck on What History can Teach Us about Financial Stability

Stephan Luck is a Financial Research Advisor at the Federal Reserve Bank of New York. In Stephan's first appearance on the show, he discusses how the 2008 Great Financial Crisis shaped his career, how...

13 Jul 57min

Barry Eichengreen on the History of Global Currencies

Barry Eichengreen on the History of Global Currencies

Barry Eichengreen is well known author, economist, and economic historian from the University of California, Berkeley. In Barry's first appearance on the show he discusses a career in untangling the w...

6 Jul 57min

Yesha Yadav, Chris Odinet, and Andrea Tosato on the Moneyness of Stablecoins

Yesha Yadav, Chris Odinet, and Andrea Tosato on the Moneyness of Stablecoins

Yesha Yadav is a professor of law, the Milton R. Underwood Chair, the Associate Dean & Robert Belton Director of Culture & Community, and the Co-Faculty Director, Master of Laws (LL.M) Program at the ...

29 Jun 1h 11min

Jeffrey Lacker on What a New Fed Treasury Accord Might Look Like

Jeffrey Lacker on What a New Fed Treasury Accord Might Look Like

Jeffrey Lacker is the former president of the Richmond Federal Reserve Bank and is a senior affiliated scholar at the Mercatus Center. Jeff returns to the show to discuss the history of the Fed Treasu...

22 Jun 56min

Nik Bhatia on Bitcoin and the Case for Using Stablecoins for Statecraft

Nik Bhatia on Bitcoin and the Case for Using Stablecoins for Statecraft

Nik Bhatia is an author of two economics books, a visiting fellow at the Bitcoin Policy Institute and the founder of The Bitcoin Layer. In Nik's first appearance on the podcast, he discusses his niche...

15 Jun 59min

Bryan Cutsinger, Peter Ireland, and Will Luther on Lessons Learned from the Fed Framework Review

Bryan Cutsinger, Peter Ireland, and Will Luther on Lessons Learned from the Fed Framework Review

Bryan Cutsinger is an assistant professor of economics at the College of Business at Florida Atlantic University. Peter Ireland is a professor of Economics at Boston College. Will Luther is an associa...

8 Jun 1h 3min

Populært innen Business og økonomi

stopp-verden
dine-penger-pengeradet
lydartikler-fra-aftenposten
e24-podden
rss-penger-polser-og-politikk
rss-pa-konto
pengepodden-2
morgenkaffen-med-finansavisen
tid-er-penger-en-podcast-med-peter-warren
rss-borsmorgen-okonominyhetene
utbytte
liberal-halvtime
finansredaksjonen
livet-pa-veien-med-jan-erik-larssen
rss-skravla-gar
pengesnakk
lederpodden
rss-kron-podden
paretopodden
rss-renters-rente