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Event Economics Monetary Policy

Restoring Sound Monetary Policy

Friday April 2012

with keynote speaker Rep. Kevin Brady, Vice Chairman of the Joint Economic Committee and author of The Sound Dollar Act and presentation by William Poole, Former President of the Federal Reserve Bank of St. Louis

Position papers on issues related to the Sound Dollar Act and the Fed’s monetary policy were presented by SOMC members Charles Calomiris, Gregory Hess, Marvin Goodfriend, Peter Ireland, and Mickey Levy.

Position Papers

A Fed Scorecard for the Last Decade
by Charles Calomiris, Columbia University Graduate School of Business

Securing the Promise of Price Stability
by Marvin Goodfriend, Carnegie Mellon University

What's Next for Monetary Policy
by Gregory Hess, Claremont McKenna College

Innovations to Federal Reserve Policy: Opportunities Seized and Opportunities Lost
by Peter Ireland, Boston College

The Fed's Monetary Policy: Limitations and Concerns
by Mickey Levy, Bank of America