The Center for Monetary and Financial Alternatives at the Cato Institute is pleased to announce the inaugural offering of Alternative Money University — a 3-day academic workshop for students interested in monetary economics. A decade since the disruptive 2008 financial crisis, it is more important than ever for…
If you haven't seen much of me on these pages lately, that's because I've spent most of the last few weeks feeding and grooming my favorite hobby horse: that's right, the Fed's policy of encouraging banks to hoard reserves by paying above-market rates on their Fed reserve…
More than two hundred people came to Cato last Thursday, November 17th, for the 34th Annual Monetary Conference. Four panels and two keynote speakers covered “Central Banks and Financial Turmoil,” the theme of this year’s conference. In his introduction, CMFA’s James Dorn laid out some of the key…
Earlier this month a crowd of over a hundred and fifty gathered at George Mason University’s Arlington Campus for an academic conference co-hosted by the Mercatus Center and the CMFA. The conference, “Monetary Rules for a Post-Crisis World,” featured leading monetary economists, Washington’s top financial journalists, and…
How have recent events and research shaped the long-standing debate between champions of monetary discretion on one hand and of monetary rules on the other? What has the recent crisis taught us regarding the sort of rules that might, or might not, contribute to monetary stability? What,…