monetary policy, cj, cato journal

The winter 2020 edition of the Cato Journal is now available online! Articles in this issue discuss a range of topics—from the proper size of government, to the relationship between tariffs and monetary policy, to the life and legacy of Frederick Douglass. Below, you'll find summaries of each article, with links to the full-text versions embedded in the titles.

On Feb. 5, I had the pleasure of addressing the annual conference of the Receivables Management Association International in Las Vegas. Below is a transcript of my speech. ***** Thank you for the opportunity to address you this morning. It has become so easy to borrow in…

fed independence, alternative currencies, fed, federal reserve, cato monetary conference

  From President Trump lobbing invectives against Federal Reserve Chairman Jerome Powell on Twitter to progressives clamoring for the Federal Reserve to use monetary policy to finance social projects, our central bank's independence looks increasingly tenuous. Recently, Chairman Powell called for an internal "strategic review" of how…

How should central bankers provide aid to struggling financial institutions during a panic? Ask 19th-century economic theorist Walter Bagehot. Or, if you can't do that, ask his biographer: acclaimed author, publisher, and monetary scholar James Grant. Join Grant and the Cato Institute's George Selgin on Wednesday, September…