Monetary Policy
By minimizing the harm caused by recessions and high inflations, monetary policy can promote economic stability and create an environment in which individuals and businesses prosper and thrive. In pursuit of these goals, Mercatus research shows why and how the Federal Reserve should (a) follow a rules-based approach to making policy, (b) increase its transparency and accountability to the public, and (c) better utilize market signals.
Featured
- | Monetary Policy Monetary Policy
- | Mercatus Original Podcasts Mercatus Original Podcasts
- | Macro Musings Macro Musings
Steven Kelly on the Silicon Valley Bank Collapse and Its Implications for Financial Policy
Steven Kelly is a senior research associate at the Yale Program on Financial Stability and is a previous guest of the podcast

- | Monetary Policy Monetary Policy
- | Expert Commentary Expert Commentary
The Role of Sound Monetary Policy in an Abundance Agenda | Discourse
- | Monetary Policy Monetary Policy
- | Podcast Appearance Podcast Appearance
Skyrocketing National Debt | American Radio Journal
- | Monetary Policy Monetary Policy
- | Podcast Appearance Podcast Appearance
The Failure of SVB | American Radio Journal
- | Monetary Policy Monetary Policy
- | Mercatus Original Podcasts Mercatus Original Podcasts
- | Macro Musings Macro Musings
Derek Tang on the Present and Future Landscape for Fed Policy and Politics
Derek Tang is the CEO and co-founder of LH Meyer, and is part of the research team based in Washington, D.C. where he forecasts

- | Monetary Policy Monetary Policy
- | Mercatus Original Podcasts Mercatus Original Podcasts
- | Macro Musings Macro Musings
Joey Politano on Fed Policy, Inflation, and the Current State of the US Economy
Joey Politano is an economist and commentator who writes regularly on his Substack newsletter titled, *Apricitas Economics.*

- | Monetary Policy Monetary Policy
- | Mercatus Original Podcasts Mercatus Original Podcasts
- | Macro Musings Macro Musings
Peter Conti-Brown on the Legal and Regulatory Issues Facing the Fed and Financial Markets
Peter Conti-Brown is an associate professor of financial regulation and legal studies at the University of Pennsylvania and is a

- | Monetary Policy Monetary Policy
- | Data Visualizations Data Visualizations
Measuring Monetary Policy: the NGDP Gap
The nominal gross domestic product (NGDP) gap is a benchmark measure created by the Mercatus Center at George Mason University
- | Monetary Policy Monetary Policy
- | Mercatus Original Podcasts Mercatus Original Podcasts
- | Macro Musings Macro Musings
David Wilcox on the Debt Ceiling Crisis and the Crippling Costs of Default
David Wilcox is a non-resident senior fellow at the Peterson Institute for International Economics and is the Director of

- | Monetary Policy Monetary Policy
- | Mercatus Original Podcasts Mercatus Original Podcasts
- | Macro Musings Macro Musings
Julie Hill on the History and Recent Developments of Fed Master Accounts
Julie Hill is a professor of law at the University of Alabama’s School of Law and she specializes in the study of the regulation

- | Monetary Policy Monetary Policy
- | Policy Briefs Policy Briefs
The Neutral Level of NGDP and the NGDP Gap: Q4 2022
The nominal GDP (NGDP) gap, a measure of unexpected changes in the dollar size of the US economy, is calculated as the
- | Monetary Policy Monetary Policy
- | Mercatus Original Podcasts Mercatus Original Podcasts
- | Macro Musings Macro Musings
Macro Lit Review 3: Highlights from Early 2023 with George Selgin
George Selgin is a senior fellow and director emeritus of the Center for Monetary and Financial Alternatives at the Cato

- | Monetary Policy Monetary Policy
- | Mercatus Original Podcasts Mercatus Original Podcasts
- | Macro Musings Macro Musings
Michael Strain on Averting the Looming Debt Ceiling Disaster
Michael Strain is the Director of Economic Policy Studies and the Arthur F. Burns Scholar in Political Economy at the American

- | Monetary Policy Monetary Policy
- | Expert Commentary Expert Commentary
‘Team Permanent’ (Mostly) Won the Inflation Debate | National Review
- | Monetary Policy Monetary Policy
- | Mercatus Original Podcasts Mercatus Original Podcasts
- | Macro Musings Macro Musings
John Roberts on Macroeconomic Modeling at the Fed, Makeup Policy, and the Future of FAIT
John Roberts is a 36-year veteran of the Federal Reserve Board and mostly recently was the Deputy Associate Director in the

- | Monetary Policy Monetary Policy
- | Research Papers Research Papers
Is the Quantity Theory Dead? Lessons from the Pandemic
Abstract: Many policymakers and economists are surprised by the recent high and persistent inflation. This naturally raises
- | Monetary Policy Monetary Policy
- | Mercatus Original Podcasts Mercatus Original Podcasts
- | Macro Musings Macro Musings
Paul Tucker on *Global Discord: Values and Power in a Fractured World Order*
Paul Tucker is a 33-year veteran of the Bank of England, where among other positions, he served as both a member and deputy

- | Monetary Policy Monetary Policy
- | Research Papers Research Papers
What Kind of Landing: Soft or Hard?
In the past, the Federal Open Market Committee (FOMC) has reduced inflation through contractionary monetary policy—but only at
- | Monetary Policy Monetary Policy
- | Policy Briefs Policy Briefs
The Federal Reserve’s Balance Sheet: Costs to Taxpayers of Quantitative Easing
It might seem extraordinary that a US government institution could conduct any program that is likely to incur a cost of nearly
- | Monetary Policy Monetary Policy
- | Mercatus Original Podcasts Mercatus Original Podcasts
- | Macro Musings Macro Musings
Victoria Guida on Developments at the Federal Reserve and in Financial Regulation
Victoria Guida is an economics reporter for Politico where she covers monetary policy and financial regulatory policy. Victoria
