Monetary Policy, MMT, Financial Inclusion, Cato Journal, Fed

The Fall 2019 edition of the Cato Journal, the Cato Institute’s interdisciplinary journal of public policy, is now available online. Readers of Alt-M will find the articles on monetary and financial topics of special interest.  Their topics range from financial inclusion, to macroprudential policy, to Modern Monetary…

real bills doctrine, the fed, gold, timberlake, humphries, cato, milton friedman

The Cato Institute's newest book, Gold, the Real Bills Doctrine, and the Fed: Sources of Monetary Disorder, 1922–1938 is out now — and it's already getting rave reviews for challenging conventional wisdom on the Great Depression. In Gold, the Real Bills Doctrine, and the Fed, preeminent monetary…