92 - Ángel Ubide on Getting Central Banks Out of Their Comfort Zones

92 - Ángel Ubide on Getting Central Banks Out of Their Comfort Zones

Ángel Ubide is a Managing Director at Goldman Sachs and formerly was a Senior Fellow at the Peterson Institute for International Economics. Today, he joins the show to discuss his new book *The Paradox of Risk: Leaving the Monetary Policy Comfort Zone.* Ángel argues that the Federal Reserve has become too afraid to take risks when implementing new policies. Instead, he offers alternative proposals aimed to move monetary policy out of its comfort zone. David and Ángel also discuss the Eurozone crisis, the ECB, and using more effective communication, accountability, and greater transparency to minimize biases within monetary policy. David's blog: macromarketmusings.blogspot.com David's Twitter: @DavidBeckworth Ángel Ubide's Twitter: @AngelUbide Ángel Ubide's book: https://cup.columbia.edu/book/the-paradox-of-risk/9780881327199 "The Latest Central Bank Fad: Asymmetric Inflation Targeting" by David Beckworth(Bull's Eye images of symmetric and asymmetric targets) http://macromarketmusings.blogspot.com/2016/01/the-latest-central-bank-fad-asymmetric.html

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19 - Nick Rowe on Monetary Basics, Milton Friedman's Thermostat, and More

19 - Nick Rowe on Monetary Basics, Milton Friedman's Thermostat, and More

Nick Rowe is a professor of economics at Carleton University in Ottawa, a member of the CD Howe Institute's Monetary Policy Council and of Carlton University's Centre for Monetary and Financial Econom...

15 Aug 201659min

18 - Jason Taylor on the Great Depression, World War II, and "The Big Push"

18 - Jason Taylor on the Great Depression, World War II, and "The Big Push"

Jason Taylor, professor of economics at Central Michigan University and editor-in-chief of "Essays in Economic & Business History," is an expert in U.S. economic history, particularly during the Great...

8 Aug 201658min

17 - Brad DeLong on Hamiltonian Political Economy and American Economic History

17 - Brad DeLong on Hamiltonian Political Economy and American Economic History

J. Bradford DeLong – professor of economics at UC-Berkeley, research associate at the National Bureau of Economic Research, and a deputy assistant secretary of the U.S. Treasury during Bill Clinton's ...

1 Aug 201646min

16 - David Andolfatto on Life at the Fed, Equity-Based Finance, and the Blockchain

16 - David Andolfatto on Life at the Fed, Equity-Based Finance, and the Blockchain

David Andolfatto is a vice president of the St. Louis Federal Reserve Bank and a professor of economics at Simon Fraser University. He joins the show to discuss life at the St. Louis Fed, equity-based...

25 Juli 201659min

15 - Robert Hall on GDP Measurement and the Long Slump

15 - Robert Hall on GDP Measurement and the Long Slump

Robert Hall, professor of economics at Stanford University and senior fellow at the Hoover Institution, has written on macroeconomic issues since the 1960s. Bob is also the chairman of the National Bu...

18 Juli 20161h 4min

14 - Mark Thoma on Fiscal Policy, Econometrics, and Political Business Cycles

14 - Mark Thoma on Fiscal Policy, Econometrics, and Political Business Cycles

In this week's episode, David speaks with Mark Thoma, professor of economics at the University of Oregon and author of the popular blog, "Economist's View." Mark discusses his journey into econometric...

11 Juli 20161h

13 - Joseph Gagnon on Quantitative Easing in the United States and Abroad

13 - Joseph Gagnon on Quantitative Easing in the United States and Abroad

As a Federal Reserve official, Joseph Gagnon played a critical role in providing the intellectual justification for the Fed's quantitative easing (QE) programs. Now a senior fellow at the Peterson Ins...

4 Juli 201656min

12 - Will Luther on Bitcoin, Vodka, and the Emergence of Money

12 - Will Luther on Bitcoin, Vodka, and the Emergence of Money

What is money and where does it come from? Will Luther, assistant professor of economics at Kenyon College, joins the show and explains the two competing theories on the origins of money. The first th...

27 Juni 201654min

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