128 – Robert Kaplan on the FOMC, the Dallas Fed, and Lessons from the Great Recession

128 – Robert Kaplan on the FOMC, the Dallas Fed, and Lessons from the Great Recession

Rob Kaplan is the President and CEO of the Federal Reserve Bank of Dallas. Previously, he was a professor and associate dean at Harvard Business School and a vice chairman at Goldman Sachs. Rob joins the show today to talk about his career, the Dallas Fed, and U.S. monetary policy. David and Rob also discuss the inner workings of the FOMC, the future of the Fed's operating system, and lessons to be learned from the 2008 Financial Crisis. Rob also shares his thoughts on alternative monetary regimes, including nominal GDP targeting. Rob's Twitter: @RobSKaplan Rob's Dallas Fed profile: https://www.dallasfed.org/en/fed/bios/kaplan.aspx David's blog: macromarketmusings.blogspot.com David's Twitter: @DavidBeckworth Transcript to this week's episode: https://www.mercatus.org/bridge/commentary/robert-kaplan-fomc-dallas-fed-and-lessons-great-recession

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07 - George Selgin on the Productivity Norm, Deflation, and Monetary History

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06 - Ramesh Ponnuru on the Politics of Monetary Policy

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04 - Cardiff Garcia on Economics Journalism, Safe Assets, and Inflation

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03 - John Cochrane on Finance, the Fiscal Theory of the Price Level, and Blogging

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