89. The Federal Reserve’s True Record with Dr. George Selgin

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Friday, July 8, 2016



Episode Summary

Dr. George Selgin joins Adam Camac to discuss the Federal Reserve’s poor record regarding the frequency and severity of economic crises, depressions, and recessions.

About the Guest

Dr. Selgin is a senior fellow at the Cato Institute and the director of the Institute’s Center for Monetary and Financial Alternatives. He is Professor Emeritus of Economics at the University of Georgia and the author of The Theory of Free Banking and Bank Deregulation and Monetary Order. His most recent book is Good Money: Birmingham Button Makers, the Royal Mint, and the Beginnings of Modern Coinage, 1775-1821.

You can follow his work at the Alt-M blog and via the Center for Monetary and Financial Alternatives, the Center’s Facebook page and the Center’s Twitter account. You can also follow him through his own Facebook and Twitter accounts.

Biographical information is from cato.org.

Books Mentioned
1. The Theory of Free Banking by George Selgin
2. Bank Deregulation and Monetary Order by George Selgin
3. Good Money: Birmingham Button Makers, the Royal Mint, and the Beginnings of Modern Coinage, 1775-1821 by George Selgin

Related Article and Video
1. New York’s Bank: The National Monetary Commission and the Founding of the Fed by George Selgin (June 21, 2016)
2. A Century of Failure: Why It’s Time to Consider Replacing the Fed by George Selgin (November 29, 2010)

Resources Mentioned
1. Center for Monetary and Financial Alternatives
2. Alt-M blog

Related Episodes
71. How the Federal Reserve Operates with Paul-Martin Foss (Friday, June 3, 2016)
11. Answering Critics of a Gold Standard with Dr. Joe Salerno (Friday, March 11, 2016)

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