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Finance, Banking & Monetary Policy
History has shown that monetary stability — money growth consistent with a stable and predictable value of money — is an important determinant of economic stability. As capital markets become more sophisticated, they are simultaneously more crucial to the functioning of a complex economy and more difficult for policymakers to understand. Cato's analysts study the workings of the capital markets, the value of free flows of capital, and the burdens imposed on markets by regulation.
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Mark A. Calabria, Director of Financial Regulation Studies (Housing, mortgage finance, economics, banking and insurance)
James A. Dorn, Vice President for Academic Affairs, Editor of Cato Journal (Monetary policy, housing policy)
Steve H. Hanke, Senior Fellow (Monetary policy, inflation, currency and foreign exchange, privatization, public finance, capital market development)
Jeffrey A. Miron, Senior Fellow (Monetary policy)
William A. Niskanen, Chairman Emeritus and Distinguished Senior Economist (Monetary policy, the Fed)
Gerald P. O'Driscoll Jr., Senior Fellow (Monetary policy, the Fed)
William Poole, Senior Fellow (The Fed, monetary policy)


 


NEW BOOKS
Climate Coup: Global Warming's Invasion of Our Government and Our Lives
A first-rate team of experts offers compelling documentation on the pervasive influence global warming alarmism now has on almost every aspect of our society-from national defense, law, trade, and politics to health, education, and international development.
Rehabilitating Lochner: Defending Individual Rights against Progressive Reform
A timely reevaluation of a widely misunderstood and unfairly criticized 1905 Supreme Court decision (Lochner v. New York), which invalidated state laws limiting work hours, and became the leading case contending that novel economic regulations were unconstitutional.
Upcoming Studies from the Cato Institute
"Estimating ObamaCare's Effect on State Medicaid Expenditure Growth: A Study of the Five Most Populous U.S. States," by Jagadeesh Gokhale


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