The Bretton Woods Transcripts, edited by me and Andrew Rosenberg, was released earlier this week. It contains previously unpublished verbatim records of meetings of the 1944 monetary conference in Bretton Woods, New Hampshire that established the International Monetary Fund and the World Bank. The book itself has  no direct bearing…

Two sharp economists whose blogs I enjoy reading were off-base last month on a common theme, which merits correction. Stephen Williamson said of Alan Greenspan’s 1966 essay “Gold and Economic Freedom” that Greenspan “thinks that the ‘golden’ age of monetary arrangements existed prior to the existence of the Federal Reserve System. Most monetary historians think…