Rethinking Monetary Policy – The Cato Journal, Vol. 36, No. 2 (Spring/Summer 2016)


Editor’s Note – By James A. Dorn

Revisiting Three Intellectual Pillars of Monetary Policy – By Claudio Borio

Rethinking the International Monetary System – By John B. Taylor

Commitment, Rules, and Discretion – By Charles I. Plosser

What Monetary Policy Can Do – By Jeffrey M. Lacker

The Powers and Limits of Monetary Policy – By Manuel Sanchez

Real and Pseudo Monetary Rules – By George Selgin

Friedman and the Bernanke-Taylor Debate on Rules versus Constrained Discretion – By Harris Dellas and George S. Tavlas

Nudging the Fed Toward a Rules-Based Policy Regime – By Scott Sumner

Monetary Policy and the Knowledge Problem – By Gerald P. O’Driscoll Jr.

Needed: A Federal Reserve Exit from Preferential Credit Allocation – By Lawrence H. White

The New Monetary Framework – By Jerry L. Jordan

Does the Federal Reserve Know What It’s Doing? – By Alex Pollock

Learning the Right Lessons from the Financial Crisis – By Kevin Dowd and Martin Hutchinson

Permazero – By James Bullard

Book Reviews

Relic: How Our Constitution Undermines Effective Government— and Why We Need a More Powerful Presidency by William G. Howell and Terry M. Moe – By F. H. Buckley

Frank: A Life in Politics from the Great Society to Same-Sex Marriage by Barney Frank – By Mark A. Calabria

The Tragedy of European Civilization: Towards an Intellectual History of the Twentieth Century by Harry Redner – By Juliana Geran Pilon

Private Governance: Creating Order in Economic and Social Life by Edward P. Stringham – By Alain Marciano

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