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.
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Latest work in Monetary Policy
- | Government Spending Government Spending
- | Expert Commentary Expert Commentary
First Anniversary of Inflation Reduction Act | WSPD radio’s “The Scott Sands Show” (OH)
- | Monetary Policy Monetary Policy
- | Mercatus Original Podcasts Mercatus Original Podcasts
- | Macro Musings Macro Musings
Larry White on Gold, Fiat, and Bitcoin: Determining the Ideal Monetary Standard
In the search for better money, it’s important to compare and evaluate all monetary standards with sound monetary theory, economic analysis, and relevant historical contexts.
- | Monetary Policy Monetary Policy
- | Podcast Appearance Podcast Appearance
The Push for a Central Bank Digital Currency | WIND radio’s Chicago’s Morning Answer”
- | Monetary Policy Monetary Policy
- | Expert Commentary Expert Commentary
Biden’s Union Support Could Get in the Way of His Industrial Policy | National Review’s “The Corner”
- | Monetary Policy Monetary Policy
- | Expert Commentary Expert Commentary
Do Aging Politicians Help Explain the US Credit Rating Downgrade? | The Washington Examiner
- | Monetary Policy Monetary Policy
- | Mercatus Original Podcasts Mercatus Original Podcasts
- | Macro Musings Macro Musings
Ricardo Reis on the Macroeconomics of Financial Crises and the Recent Inflation Surge
The Great Recession period offers many lessons for identifying and preventing macroeconomic crises in the future.
- | Monetary Policy Monetary Policy
- | Podcast Appearance Podcast Appearance
Why Was America’s Credit Downgraded? | Lars Larson Show
- | Monetary Policy Monetary Policy
- | Expert Commentary Expert Commentary
US Downgrade: 20 Years of Erosion of Governance | National Review’s “The Corner”
- | Monetary Policy Monetary Policy
- | Mercatus Original Podcasts Mercatus Original Podcasts
- | Macro Musings Macro Musings
Macro Lit Review 4: Highlights from Mid-2023 with George Selgin
George Selgin rejoins David Beckworth to discuss a wide range of important monetary and financial policy developments.
- | Monetary Policy Monetary Policy
- | Mercatus Original Podcasts Mercatus Original Podcasts
- | Macro Musings Macro Musings
Bryan Cutsinger and Louis Rouanet on the Politics and Dynamics of Hyperinflation in Revolutionary France
After years of political turmoil and subsequent hyperinflation, revolutionary France provides a valuable lesson in monetary theory that still has implications today.
- | Monetary Policy Monetary Policy
- | Working Papers Working Papers
What Is the Monetary Standard? The Fed Should Tell Us
- | Monetary Policy Monetary Policy
- | Mercatus Original Podcasts Mercatus Original Podcasts
- | Macro Musings Macro Musings
Jesus Fernandez-Villaverde on Demographic Trends, Recent Macroeconomic Developments, and AI’s Implications for Economic Growth
As fertility rates continue to decline across the globe, there is cause for concern regarding how these trends will negatively impact economic growth in the future.
- | Monetary Policy Monetary Policy
- | Expert Commentary Expert Commentary
The Money Supply Predicted Inflation’s Fall. Who’s Actually Surprised? | The Washington Examiner
- | Monetary Policy Monetary Policy
- | Radio Appearance Radio Appearance
CPI Numbers | American Radio Journal
- | Monetary Policy Monetary Policy
- | Mercatus Original Podcasts Mercatus Original Podcasts
- | Macro Musings Macro Musings
Chris Conlon on the Post-COVID Inflation Surge and the Greedflation Narrative
Although recent inflationary trends have coincided with periods of record corporate profits, we should pump the brakes when considering greedflation theories.
- | Monetary Policy Monetary Policy
- | Policy Briefs Policy Briefs
A New Coin of the Realm? Central Bank Digital Currency as New Public Money
- | Monetary Policy Monetary Policy
- | Mercatus Original Podcasts Mercatus Original Podcasts
- | Macro Musings Macro Musings
Tim Lee on the Present and Future of AI and its Implications for Policy
As AI technology continues to develop, it could have major implications for the labor market, macro policy, and the greater macroeconomy moving forward.
- | Monetary Policy Monetary Policy
- | Expert Commentary Expert Commentary
The Solution to the Inflation-interpretation Debate | National Review
- | Monetary Policy Monetary Policy
- | Mercatus Original Podcasts Mercatus Original Podcasts
- | Macro Musings Macro Musings
Steven Kamin on the Global Influence of Fed Policy and the U.S. Dollar
Although the effects of Fed policy can be felt throughout the world, its impacts may not be as pronounced in most emerging markets.
- | Monetary Policy Monetary Policy
- | Policy Briefs Policy Briefs
Transparency at Federal Reserve Banks
Latest work in Monetary Policy
- | Government Spending Government Spending
- | Expert Commentary Expert Commentary
First Anniversary of Inflation Reduction Act | WSPD radio’s “The Scott Sands Show” (OH)
- | Monetary Policy Monetary Policy
- | Mercatus Original Podcasts Mercatus Original Podcasts
- | Macro Musings Macro Musings
Larry White on Gold, Fiat, and Bitcoin: Determining the Ideal Monetary Standard
In the search for better money, it’s important to compare and evaluate all monetary standards with sound monetary theory, economic analysis, and relevant historical contexts.
- | Monetary Policy Monetary Policy
- | Podcast Appearance Podcast Appearance
The Push for a Central Bank Digital Currency | WIND radio’s Chicago’s Morning Answer”
- | Monetary Policy Monetary Policy
- | Expert Commentary Expert Commentary
Biden’s Union Support Could Get in the Way of His Industrial Policy | National Review’s “The Corner”
- | Monetary Policy Monetary Policy
- | Expert Commentary Expert Commentary
Do Aging Politicians Help Explain the US Credit Rating Downgrade? | The Washington Examiner
- | Monetary Policy Monetary Policy
- | Mercatus Original Podcasts Mercatus Original Podcasts
- | Macro Musings Macro Musings
Ricardo Reis on the Macroeconomics of Financial Crises and the Recent Inflation Surge
The Great Recession period offers many lessons for identifying and preventing macroeconomic crises in the future.
- | Monetary Policy Monetary Policy
- | Podcast Appearance Podcast Appearance
Why Was America’s Credit Downgraded? | Lars Larson Show
- | Monetary Policy Monetary Policy
- | Expert Commentary Expert Commentary
US Downgrade: 20 Years of Erosion of Governance | National Review’s “The Corner”
- | Monetary Policy Monetary Policy
- | Mercatus Original Podcasts Mercatus Original Podcasts
- | Macro Musings Macro Musings
Macro Lit Review 4: Highlights from Mid-2023 with George Selgin
George Selgin rejoins David Beckworth to discuss a wide range of important monetary and financial policy developments.
- | Monetary Policy Monetary Policy
- | Mercatus Original Podcasts Mercatus Original Podcasts
- | Macro Musings Macro Musings
Bryan Cutsinger and Louis Rouanet on the Politics and Dynamics of Hyperinflation in Revolutionary France
After years of political turmoil and subsequent hyperinflation, revolutionary France provides a valuable lesson in monetary theory that still has implications today.
- | Monetary Policy Monetary Policy
- | Working Papers Working Papers
What Is the Monetary Standard? The Fed Should Tell Us
- | Monetary Policy Monetary Policy
- | Mercatus Original Podcasts Mercatus Original Podcasts
- | Macro Musings Macro Musings
Jesus Fernandez-Villaverde on Demographic Trends, Recent Macroeconomic Developments, and AI’s Implications for Economic Growth
As fertility rates continue to decline across the globe, there is cause for concern regarding how these trends will negatively impact economic growth in the future.
- | Monetary Policy Monetary Policy
- | Expert Commentary Expert Commentary
The Money Supply Predicted Inflation’s Fall. Who’s Actually Surprised? | The Washington Examiner
- | Monetary Policy Monetary Policy
- | Radio Appearance Radio Appearance
CPI Numbers | American Radio Journal
- | Monetary Policy Monetary Policy
- | Mercatus Original Podcasts Mercatus Original Podcasts
- | Macro Musings Macro Musings
Chris Conlon on the Post-COVID Inflation Surge and the Greedflation Narrative
Although recent inflationary trends have coincided with periods of record corporate profits, we should pump the brakes when considering greedflation theories.
- | Monetary Policy Monetary Policy
- | Policy Briefs Policy Briefs
A New Coin of the Realm? Central Bank Digital Currency as New Public Money
- | Monetary Policy Monetary Policy
- | Mercatus Original Podcasts Mercatus Original Podcasts
- | Macro Musings Macro Musings
Tim Lee on the Present and Future of AI and its Implications for Policy
As AI technology continues to develop, it could have major implications for the labor market, macro policy, and the greater macroeconomy moving forward.
- | Monetary Policy Monetary Policy
- | Expert Commentary Expert Commentary
The Solution to the Inflation-interpretation Debate | National Review
- | Monetary Policy Monetary Policy
- | Mercatus Original Podcasts Mercatus Original Podcasts
- | Macro Musings Macro Musings
Steven Kamin on the Global Influence of Fed Policy and the U.S. Dollar
Although the effects of Fed policy can be felt throughout the world, its impacts may not be as pronounced in most emerging markets.
- | Monetary Policy Monetary Policy
- | Policy Briefs Policy Briefs