Jim Dorn is the Vice President for Monetary Studies at the Cato Institute and is the director of Cato’s annual Monetary Policy Conference. Jim has written widely on Federal Reserve policy and monetary reform, and has also edited more than 10 books including *The Search for Stable Money* and *The Future of Money in the Information Age*.  He joins the show today to talk about the history of monetary policy in Washington D.C. over the past four decades as well as some of his own recent work. David and Jim also discuss the issues covered at the most recent Cato Institute monetary policy conference, the recent mystery of low inflation, and Jim’s idea of an optimal monetary policy regime.

 

Transcript for the episode: https://www.mercatus.org/bridge/podcasts/10022019/jim-dorn-history-monetary-policy-washington-dc-and-its-future

 

Jim’s Cato Institute profile: https://www.cato.org/people/james-dorn

 

Related Links:

 

Registration for the Cato Institute Monetary Policy Conference: https://www.cato.org/events/37th-annual-monetary-conference

 

*The Search for Stable Money: Essays on Monetary Reform* edited by James Dorn and Anna Schwartz

https://www.amazon.com/Search-Stable-Money-Essays-Monetary/dp/0226158292

 

*The Future of Money in the Information Age* edited by James Dorn

https://www.amazon.com/Future-Money-Information-Age/dp/1882577523

 

*the Political Economy of Inflation* by Fritz Machlup

https://www.cato.org/sites/cato.org/files/serials/files/cato-journal/1983/5/cj3n1-3.pdf

 

*Has Monetarism Failed?* by Karl Brunner

https://pdfs.semanticscholar.org/803d/c8632bec26142f4c6b54f9e692c6acf2fe72.pdf

 

*Should the Fed Be Constrained?* by Jeffrey Frankel

https://www.cato.org/cato-journal/springsummer-2019/should-fed-be-constrained

 

*Improving the Monetary Regime: The Case for U.S. Digital Cash* by Michael Bordo and Andrew Levin

https://www.cato.org/cato-journal/springsummer-2019/improving-monetary-regime-case-us-digital-cash

 

David’s blog: macromarketmusings.blogspot.com David’s Twitter: @DavidBeckworth