Skip to content

Alt-M

Ideas for an Alternative Monetary Future

Alt-M

Ideas for an Alternative Monetary Future

  • Home
  • Contributors
    • George Selgin
    • Larry White
    • James Dorn
    • Jennifer Schulp
    • Norbert Michel
  • Primer
  • Working Paper Series

Great Recession

CMFA Working Paper Series
Working Papers

The Contagion Concoction: The Truth About Runs and the Great Financial Crisis (CMFA Working Paper No. 006)

The CMFA Working Paper Series/February 2, 2022June 19, 2022

 

gold standard, interwar gold standard, Great Depression, Great Recession, monetary policy
Economic History, Money & Politics, The Fed & Central Banks

World War I, Gold, and the Great Depression

Hu McCulloch/August 23, 2018June 19, 2022

Introduction Understanding what caused the Great Depression of 1929-39 and why it persisted so long has been fairly characterized by Ben Bernanke as the “Holy Grail of Macroeconomics.” The fear that the financial crisis of 2008 would lead to a similar Depression induced the Fed to use…

Continue reading
monetary policy, normalization, Federal Reserve, Fed, 2008 financial crisis
Economic Thought, Recommended Reading, The Fed & Central Banks

New Release: Monetary Policy in an Uncertain World

James Dorn/August 9, 2018June 19, 2022

Ten years after the 2008 financial crisis we are again facing the possibility of economic turmoil as the Fed and other central banks exit their unconventional monetary policies by raising interest rates and shrinking their balance sheets. Although central banks will move gradually, unforeseen circumstances could trigger…

Continue reading
nominal GDP, NGDP Targeting, price level, monetary economics, Great Recession
News, The Fed & Central Banks

Price-Level Movements, Fixed Nominal Contracts, and Debtor-Creditor Equity

George Selgin/July 10, 2018June 19, 2022

Recently David Beckworth and Martin Sandbu, among others, have drawn attention to an interesting paper by James Bullard and Riccardo DiCecio unveiled in Norway earlier this year. In it, Bullard and DiCecio investigate a model economy possessing both a large private credit market and "Non-state contingent nominal…

Continue reading
great recession, financial crisis, fomc, federal reserve, interest rates, inflation targeting, NGDP targeting
Inflation & Deflation, The Fed & Central Banks

Anniversary of a Fed Blunder

George Selgin/April 30, 2018June 19, 2022

In the long, tragic chronicle of the Great Recession, April 30, 2008, doesn't resonate as an infamous date. It lacks the notoriety of March 16, 2008, when, by guaranteeing $30 billion of Bear Stearns’ assets, the Federal Reserve crossed a last-resort lending Rubicon, extending its safety net…

Continue reading

Posts navigation

123

Follow

Print

Subscribe


Contributors

  • James Dorn
  • Alan Reynolds
  • Norbert Michel
  • George Selgin
  • Hu McCulloch
  • Larry White

Categories

  • Banking Regulation (124)
  • Booms & Busts (57)
  • Commodity Money (80)
  • Currency Boards (19)
  • Digital Money (99)
  • Economic History (206)
  • Economic Thought (166)
  • Events (60)
  • Fiat Money (81)
  • Financial Innovation (50)
  • Financial Markets (138)
  • Free Banking (211)
  • Inflation & Deflation (86)
  • Legal Analysis (3)
  • Monetary Policy Primer (12)
  • Money & Politics (334)
  • News (258)
  • Recommended Reading (99)
  • Securities Regulation (7)
  • The Fed & Central Banks (381)
  • Uncategorized (11)
  • Working Papers (7)

Recent Posts

  • The New Deal and Recovery, Part 22: Postwar Monetary Policy
  • Diamond and Dybvig and the Panic of 1907
  • Diamond, Dybvig, and Government Deposit Insurance
  • Bank and Crypto Runs: F(ac)TX vs Fiction
  • The New Deal and Recovery, Part 21: Happy Days
  • Stop Lionizing Paul Volcker and Villainizing Arthur Burns
  • How Common Has Private Currency Been?

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.

Sponsors

Liberty and Privacy Network
This work by the Cato Institute and the Liberty and Privacy Network is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 3.0 Unported License.
DMCA | Privacy Policy
top