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Ideas for an Alternative Monetary Future

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Ideas for an Alternative Monetary Future

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Courage to Act

Ben Bernanke, Courage to Act, financial crisis, Great Recession, NGDP sterilization
Booms & Busts, The Fed & Central Banks

Sterilization, Fed Style

George Selgin/December 4, 2015June 19, 2022

At the risk of belaboring the obvious, I feel compelled to begin this second installment of my response to Ben Bernanke’s memoirs with an observation — a platitude, if you like — concerning the proper role of emergency central-bank lending in a generally free economy. The observation…

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Bernanke, Courage to Act, Superman, financial crisis
Booms & Busts, The Fed & Central Banks

The Courage to Act in 2008

David Beckworth/October 9, 2015June 19, 2022

    Ben Bernanke's memoir is now out and is unapologetically pro-Fed.  It is titled The Courage to Act.  Here is the cover quote:     The main point of Bernanke's book is that absent the Fed's interventions over the past seven years the U.S. economy would…

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About Us

Welcome to Alt-M, a community devoted to exploring and promoting ideas for an alternative monetary future. Our goal is to reveal the shortcomings of today’s centralized, bureaucratic, and discretionary monetary arrangements, and to bring serious consideration of real alternatives to the center stage of current monetary and financial reform debates.

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