The Trump Administration Misses the Point Again about Burden-Sharing. Book forum on Bagehot: The Life and Times of the Greatest Victorian.

View in browser ([link removed] )

September 5, 2019

Federal Reserve ([link removed] )

Why the Fed Needs a Monetary Rule to Protect Its Independence ([link removed] )

In conducting monetary policy, the Fed needs to be accountable to political institutions, yet independent of political pressures to finance budget deficits or use the printing press to satisfy special interests (whether those interests take the form of a border wall or a “Green New Deal”).

-

Why the Fed Needs a Monetary Rule to Protect Its Independence ([link removed] )

By James A. Dorn

Foreign Policy ([link removed] )

The Trump Administration Misses the Point Again about Burden-Sharing ([link removed] )

Greater financial burden-sharing by Washington’s allies will not improve the much more important risk-benefit calculation.

-

The Trump Administration Misses the Point Again about Burden-Sharing ([link removed] )

By Ted Galen Carpenter

UPCOMING EVENT

bagehot-book-cover ([link removed] )

Bagehot: The Life and Times of the Greatest Victorian ([link removed] )

James Grant’s new book, Bagehot: The Life and Times of the Greatest Victorian, tells the story of Walter Bagehot — a 19th century banker, an essayist, and a former editor of The Economist. Born in a small town in late-Georgian England, Bagehot became one of the most influential figures in Victorian-era finance and politics. Indeed, thanks to his celebrated 1873 treatise, Lombard Street: A Description of the Money Market, Bagehot remains influential today, not just in England but in financial centers everywhere. Lombard Street is a work to which all modern central bankers pay homage, even if they often fail to heed its advice.

Please join us on September 18 for an evening with the author of this delightful biography of one of financial history’s most brilliant and fascinating figures.

-

Book Forum: Bagehot: The Live and Times of the Greatest Victorian ([link removed] )

Featuring James Grant

Sign Up For Other Cato Newsletters ([link removed] )

SUPPORT CATO ([link removed] )

Facebook ([link removed] )

LinkedIn ([link removed] )

Twitter ([link removed] )

Instagram ([link removed] )

YouTube ([link removed] )

Cato Institute, 1000 Massachusetts Ave, NW, Washington, DC 20001, (202) 842-0200

Manage preferences ([link removed] )