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Ideas for an Alternative Monetary Future

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Ideas for an Alternative Monetary Future

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monetary rules

base money, competitive note issue, Denaltionalisation of Money, monetary rules, NGDP targeting
Banking Regulation, Economic Thought, Free Banking

Friday Flashback: Free Banking and NGDP Targeting

George Selgin/February 17, 2017June 19, 2022

(Originally appeared on June 19, 2013.) Kurt's recent post on NGDP targeting just happens to come right on time to introduce one I'd been contemplating concerning the connection between such targeting and free banking. While many readers may suppose the two things to represent alternative, if not…

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competitive note issue, David Glasner, financial stability, Gold standard, monetary rules
Commodity Money, Economic History, Free Banking

Did the Gold Standard Fail? A Response to David Glasner

Larry White/October 6, 2016June 19, 2022

At the Mercatus / Cato CMFA conference a few weeks ago on “Monetary Rules for a Post-Crisis World,” David Laidler and David Glasner gave interesting and informative talks on the history (and history of economic thought) regarding the evolution of monetary rules during the first panel. Video…

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behavioral economics, Market Monetarism, monetary rules, NGDP targeting, Taylor Rule
Economic Thought, Events, The Fed & Central Banks

Monetary Rules for a Post-Crisis World

Ari Blask/September 29, 2016June 19, 2022

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…

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FOMC, Great Recession, monetary rules, Narayana Kocherlakota, Taylor Rule
Economic Thought, News, The Fed & Central Banks

Rules, Discretion, and Audacity: A Critique of Kocherlakota

George Selgin/September 22, 2016June 19, 2022

I was just about to treat myself to a little R&R last Friday when — wouldn't you know it? — I received an email message from the Brookings Institution's Hutchins Center. The message alerted me to a new Brookings Paper by former Minneapolis Fed President Narayana Kocherlakota….

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monetary rules, monetary stability, John Taylor, Scott Sumner
Events, The Fed & Central Banks

Monetary Rules for a Post-Crisis World

George Selgin/August 26, 2016June 19, 2022

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,…

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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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