New Cato Journal Looks at Bubbles and Monetary Policy

Cato Journal
An Interdisciplinary Journal of Public Policy Analysis

Volume 31 Number 3, Fall 2011

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Restoring Global Financial Stability: Part 2

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James A. Dorn
Editor’s Note
(PDF, 2 pp., 36Kb)

John B. Taylor
Legislating a Rule for Monetary Policy
(PDF, 10 pp., 68Kb)

Charles I. Plosser
A Dangerous Brew for Monetary Policy
(PDF, 10 pp., 64Kb)

Carmen M. Reinhart and Vincent R. Reinhart
Limits of Monetary Policy in Theory and Practice
(PDF, 14 pp., 146Kb)

Gerald P. O’Driscoll
Money, Prices, and Bubbles
(PDF, 20 pp., 113Kb)

Adam S. Posen
Monetary Policy, Bubbles, and the Knowledge Problem
(PDF, 12 pp., 77Kb)

Steve H. Hanke
Monetary Misjudgments and Malfeasance
(PDF, 12 pp., 101Kb)

Harris Dellas and George S. Tavlas
The Revived Bretton Woods System, Liquidity Creation, and Asset Price Bubbles
(PDF, 12 pp., 81Kb)

Lawrence H. White
A Gold Standard with Free Banking Would Have Restrained the Boom and Bust
(PDF, 8 pp., 64Kb)

Kevin Dowd and Martin Hutchinson
U.S. Decapitalization, Easy Money, and Asset Price Cycles
(PDF, 16 pp., 94Kb)

Manuel Sánchez
Financial Crises: Prevention, Correction, and Monetary Policy
(PDF, 14 pp., 89Kb)

Peter J. Wallison
Three Narratives about the Financial Crisis
(PDF, 16 pp., 212Kb)

Mark A. Calabria
Supply: A Tale of Two Bubbles
(PDF, 10 pp., 70Kb)

Charles W. Calomiris
Incentive-Robust Financial Reform
(PDF, 30 pp., 163Kb)

David Malpass
Preventing Bubbles: Regulation versus Monetary Policy
(PDF, 12 pp., 74Kb)

Lawrence J. White
Preventing Bubbles: What Role for Financial Regulation?
(PDF, 18 pp., 106Kb)

Jerry L. Jordan
Honest Money
(PDF, 12 pp., 77Kb)

Leo Melamed
Milton Friedman’s 1971 Feasibility Paper
(PDF, 2 pp., 30Kb)

Milton Friedman
The Need for Futures Markets in Currencies
(PDF, 8 pp., 54Kb)

J. Daniel Hammond
Friedman and Samuelson on the Business Cycle
(PDF, 18 pp., 109Kb)

Book Reviews

Peddling Protectionism: Smoot-Hawley and the Great Depression
by Douglas A. Irwin
Reviewed by Daniel Griswold
(PDF, 5 pp., 106Kb)

Robust Political Economy: Classical Liberalism and the Future of Public Policy
by Mark Pennington
Reviewed by Richard L. Gordon
(PDF, 7 pp., 106Kb)

America Identified: Biometric Technology and Society
by Lisa S. Nelson
Reviewed by Jim Harper
(PDF, 3 pp., 106Kb)








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