"Money and the Rule of Law" Book Panel


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By Hayek Program Podcast and F.A. Hayek Program for Advanced Study in Philosophy. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.
Constrained discretion is held up as the reigning paradigm for central banks. But no matter how smart or well-intentioned central bankers are, discretionary policy contains information and incentive problems that make macroeconomic stability systematically unlikely. On this episode of the Hayek Program Podcast, we'll hear a book panel discussion on "Money and the Rule of Law," written by Peter Boettke, Alexander Salter, and Daniel Smith. Salter presents the book's main argument for general, predictable rules to provide a sturdier foundation for economic growth and prosperity. He is joined on the panel by David Beckworth, Lawrence White, and Daniel Smith. The panel is moderated by Peter Boettke.

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