- | Expert Commentary Expert Commentary
Should Central Banks Offer the Public Digital Currency Accounts?
Making central bank accounts available to the public comes with both benefits and drawbacks. Read more at Discourse.
- | Expert Commentary Expert Commentary
Argentina Needs a Currency It Can’t Ruin
Ditching the peso and making the U.S. dollar the official currency could put the country’s chaotic economy on the road to reform
- | Mercatus Original Podcasts Mercatus Original Podcasts
- | Discourse Magazine Podcast Discourse Magazine Podcast
Ideas of India: Fiscal Dominance—A Theory of Everything
Shruti Rajagopalan and Viral Acharya discuss Indian monetary policy, the banking system and reforming the financial sector. Read
- | Monetary Policy Monetary Policy
- | Expert Commentary Expert Commentary
Robin Harding on Abenomics and the 'Japanification' of Monetary Policy
In this transcript of their Macro Musings conversation, David Beckworth and Robin Harding discuss Japan's role as a trailblazer
- | Monetary Policy Monetary Policy
- | Expert Commentary Expert Commentary
There is No Substitute for Monetary Policy
The emergency action by the Federal Reserve (Fed) to cut its benchmark interest rate in the face of the coronavirus prompted

- | Monetary Policy Monetary Policy
- | Working Papers Working Papers
Currency Manipulation, Saving Manipulation, and the Current Account Balance
Much confusion surrounds what currency manipulation is and what are its implications for public policy. Scott Sumner dissects
- | Mercatus Original Podcasts Mercatus Original Podcasts
- | Macro Musings Macro Musings
Jim Bianco on Negative Interest Rates, Low Inflation, and Yield Curve Expansion
Jim Bianco is the president of Bianco Research, a provider of data-driven insights into the global economy and financial markets

- | Monetary Policy Monetary Policy
- | Expert Commentary Expert Commentary
The Challenges of Dollar Dominance
Is the US dollar too much of a good thing? Can its success in becoming the main currency of the world also make it a curse for

- | Monetary Policy Monetary Policy
- | TV Appearance TV Appearance
David Beckworth on Bloomberg’s First Word
David Beckworth discusses the dangers of a strong dollar on First Word.
- | Monetary Policy Monetary Policy
- | Expert Commentary Expert Commentary
The Lesson of Bretton Woods
Tyler Cowen writes on the 75th anniversary of the Bretton Woods Agreement, in which the Allies of World War Two established a
- | Monetary Policy Monetary Policy
- | Mercatus Original Podcasts Mercatus Original Podcasts
- | Macro Musings Macro Musings
The Rise of Populism, Labor Mobility, and the Eurozone
David Beckworth: Our guest today is Jeffry Frieden. Jeff is a professor of government at Harvard University, where he

- | Monetary Policy Monetary Policy
- | Expert Commentary Expert Commentary
Trump Is Wrong About the Dollar — and So Is Warren
Tyler Cown writes on the economic fallacies behind manipulating the currency for short-term economic gains.Read it at Bloomberg.
- | Expert Commentary Expert Commentary
Wanted: Harsh Realism at the World Bank
Hilton Root proposes a reform to the World Bank's method of funding projects.Read it at The National Interest.
- | Monetary Policy Monetary Policy
- | Policy Briefs Policy Briefs
Hyperinflation and Seignorage in Venezuela
Venezuela’s socialist “Bolivarian Revolution” began unfolding about 20 years ago, in 1999 (see table 1). The expansion of state
- | Monetary Policy Monetary Policy
- | Working Papers Working Papers
Monetary Regimes, Money Supply, and the US Business Cycle since 1959
During most of the period since 1959, the Federal Reserve’s operational model for monetary policy has not used measures of the
- | Monetary Policy Monetary Policy
- | Mercatus Original Podcasts Mercatus Original Podcasts
- | Macro Musings Macro Musings
Economic Journalism, Recession Economics, and International Monetary Policies
The following transcript is from Macro Musings, a podcast series hosted by Mercatus scholar David Beckworth that explores the

- | Monetary Policy Monetary Policy
- | Expert Commentary Expert Commentary
Closer To OCA Criteria: Eurozone Or Dollarzone?
The Eurozone has faced a number of challenges in recent years to its monetary union, which David Beckworth catalogued in a
- | Expert Commentary Expert Commentary
The Future of the Eurozone
When does it make sense for countries to form monetary unions like the EU? David Beckworth expands on his National Review
- | Expert Commentary Expert Commentary
The Euro Zone Should Integrate or Separate
The Eurozone has faced obstacle after obstacle over the last decade: the financial crisis, the Greek debt crisis, and rising
- | Monetary Policy Monetary Policy
- | Expert Commentary Expert Commentary
Understanding a "Weak" Dollar
During a World Economic Forum panel in Davos last week, US Treasury Secretary Steven Mnuchin surprised observers by saying “a