Monetary Framework's guest appearances

Monetary Framework

Macro Musings with David Beckworth

Cato Event Podcast

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William Holland

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OwlTail

Patrick Horan

David Beckworth

In this special episode of Macro Musings, David Beckworth and Patrick Horan join guest host Carola Binder to discuss their newest paper, *The Fate of FAIT: Salvaging the Fed’s Framework.* Patrick Horan is a research fellow in the Mercatus Center’s Monetary Policy Program and Carola Binder is an associate professor of economics at Haverford College as well as a visiting scholar at the Mercatus Center. In addition to their paper, Pat and David also talk about the basics of flexible average inflation targeting, how it compares to temporary price level targeting, the differences between the Fed’s old and new frameworks, and a lot more.   Transcript for the episode can be found  here.   Check out our new Macro Musings merch here, and use the promo code NGDP for 10% off!   Patrick’s Twitter:  @Pat_Horan92 Patrick’s Mercatus profile   Carola’s Twitter: @cconces Carola’s Haverford site Carola’s Mercatus profile   David’s Twitter: @DavidBeckworth Follow us on Twitter: @Macro_Musings Click here for the latest Macro Musings episodes sent straight to your inbox!   Related Links:    *The Fate of FAIT: Salvaging the Fed’s Framework* by David Beckworth and Patrick Horan    *2020 Statement on Longer-Run Goals and Monetary Policy Strategy* by the Federal Reserve Board of Governors   *Fed Framework Holds Central Bank Hostage* by Mohamed El-Erian   *Nominal GDP Targeting and the Taylor Rule on an Even Playing Field* by David Beckworth and Josh Hendrickson

In this special episode of Macro Musings, David Beckworth and Patrick Horan join guest host Carola Binder to discuss their newest paper, *The Fate of FAIT: Salvaging the Fed’s Framework.* Patrick Horan is a research fellow in the Mercatus Center’s Monetary Policy Program and Carola Binder is an associate professor of economics at Haverford College as well as a visiting scholar at the Mercatus Center. In addition to their paper, Pat and David also talk about the basics of flexible average inflation targeting, how it compares to temporary price level targeting, the differences between the Fed’s old and new frameworks, and a lot more. Transcript for the episode can be found <a href="https://www.mercatus.org/macro-musings/patrick-horan-and-david-beckworth-fate-fait-and-future-feds-monetary-framework" rel="nofollow" target="_blank"> here.</a> Check out our new Macro Musings merch <a href="https://www.bonfire.com/store/mercatus-podcast-swag/" rel="nofollow" target="_blank">here</a>, and use the promo code NGDP for 10% off! Patrick’s Twitter: <a href="https://twitter.com/Pat_Horan92?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor" rel="nofollow" target="_blank"> @Pat_Horan92</a> Patrick’s Mercatus <a href="https://www.mercatus.org/scholars/patrick-horan" rel="nofollow" target="_blank">profile</a> Carola’s Twitter: <a href="https://twitter.com/cconces?lang=en" rel="nofollow" target="_blank">@cconces</a> Carola’s Haverford <a href="https://carolabinder.sites.haverford.edu/" rel="nofollow" target="_blank">site</a> Carola’s Mercatus <a href="https://www.mercatus.org/people/carola-binder" rel="nofollow" target="_blank">profile</a> David’s Twitter: <a href="https://twitter.com/DavidBeckworth" rel="nofollow" target="_blank">@DavidBeckworth</a> Follow us on Twitter: <a href="https://twitter.com/Macro_Musings" rel="nofollow" target="_blank">@Macro_Musings</a> Click <a href="https://www.mercatus.org/mercatus-podcast-newsletters" rel="nofollow" target="_blank">here</a> for the latest Macro Musings episodes sent straight to your inbox! Related Links: <a href="https://www.mercatus.org/publications/monetary-policy/fate-of-fait-salvaging-fed-framework" rel="nofollow" target="_blank"> *The Fate of FAIT: Salvaging the Fed’s Framework*</a> by David Beckworth and Patrick Horan <a href="https://www.federalreserve.gov/monetarypolicy/review-of-monetary-policy-strategy-tools-and-communications-statement-on-longer-run-goals-monetary-policy-strategy.htm" rel="nofollow" target="_blank"> *2020 Statement on Longer-Run Goals and Monetary Policy Strategy*</a> by the Federal Reserve Board of Governors <a href="https://www.ft.com/content/d4b53d27-59b8-4b16-b59b-ef2fe4c0289e" rel="nofollow" target="_blank">*Fed Framework Holds Central Bank Hostage*</a> by Mohamed El-Erian <a href="https://onlinelibrary.wiley.com/doi/abs/10.1111/jmcb.12602" rel="nofollow" target="_blank">*Nominal GDP Targeting and the Taylor Rule on an Even Playing Field*</a> by David Beckworth and Josh Hendrickson

Patrick Horan and David Beckworth on *The Fate of FAIT* and the Future of the Fed’s Monetary Framework

Fed policy isn't concerned with impacts just pronouncements.  Asset inflation continues b/c US dollar remains worthless.

The failure of US Monetary Framework

The Mercatus Center’s David Beckworth comes to Cato for a live recording of his popular Macro Musings podcast, interviewing George Selgin about his new book Floored!: How a Misguided Fed Experiment Deepened and Prolonged the Great Recession. Floored! is the first comprehensive account of the Federal Reserve’s new post-crisis “floor” monetary policy operating system. Marking his fourth Macro Musings episode, Selgin will share his three-year research journey into this new experimental system, how the Fed stumbled into it, and its consequences for the economy — including how it could turn the Fed into a Trojan piggybank of fiscal profligacy. Hosted on Acast. See acast.com/privacy for more information.

The Mercatus Center’s <a href="http://www.cato.org/people/david-beckworth" rel="nofollow" target="_blank">David Beckworth</a> comes to Cato for a live recording of his popular Macro Musings podcast, interviewing <a href="https://www.cato.org/people/george-selgin" rel="nofollow" target="_blank">George Selgin</a> about his new book <a href="https://www.amazon.com/Floored-Misguided-Experiment-Prolonged-Recession/dp/1948647087/?tag=catoinstitute-20" rel="nofollow" target="_blank">Floored!: How a Misguided Fed Experiment Deepened and Prolonged the Great Recession</a>. Floored! is the first comprehensive account of the Federal Reserve’s new post-crisis “floor” monetary policy operating system. Marking his fourth Macro Musings episode, Selgin will share his three-year research journey into this new experimental system, how the Fed stumbled into it, and its consequences for the economy — including how it could turn the Fed into a Trojan piggybank of fiscal profligacy. Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer nofollow" target="_blank">acast.com/privacy</a> for more information.