Hosted by David Beckworth of the Mercatus Center, Macro Musings pulls back the curtain on the important macroeconomic issues of the past, present, and future.
http://macromarketmusings.blogspot.com/
Judge Glock on the Riefler-Keynes Doctrine and Monetary Policy During the Great Depression
Judge Glock is an economic historian and a scholar at the Cicero Institute in San Francisco. Judge’s research is focused on the Great Depression, and he has recently published a paper on an important idea shaping Federal Reserve policy during this time; the Riefler-Keynes Doctrine. He joins the show today to talk about this paper and the Great Depression. David and Judge also discuss the key ideas behind the Riefler-Keynes Doctrine, how it differs from the Real Bills Doctrine, and how this relates to the Fed’s response to the Great Depression.
Transcript for the episode: https://www.mercatus.org/bridge/podcasts/09022019/judge-glock-riefler-keynes-doctrine-and-monetary-policy-during-great
Judge’s Twitter: @judgeglock
Judge’s AIER profile: https://www.aier.org/staff/judge-glock
Related Links:
*The ‘Riefler-Keynes’ Doctrine and Federal Reserve Policy in the Great Depression* by Judge Glock
https://read.dukeupress.edu/hope/article-abstract/51/2/297/137129/The-Riefler-Keynes-Doctrine-and-Federal-Reserve?redirectedFrom=fulltext
*Pressuring the Fed is No Surefire Electoral Solution, Says Economic Historian* by Frank Fuhrig
https://www.mercatus.org/bridge/commentary/pressuring-fed-no-surefire-electoral-solution-says-economic-historian
David’s blog: macromarketmusings.blogspot.com
David’s Twitter: @DavidBeckworth