George Selgin
Professor of Economics, University of Georgia
Monday, September 27th
7:30pm ~ Hepburn Auditorium
Co-sponsored by the Economics Department Speaker Series
A Century of Failure: The Case for Ending the Fed
After the Panic of 1907, a National Monetary Commission was charged with the task of evaluating and exploring alternatives to the pre-Fed National Currency System. The eventual result was the Federal Reserve System. Today, after the Panic of 2008, the time has come for taking a hard look at the Federal Reserve System itself. Doing so reveals that it has neither lived up to its promises, nor out-performed its predecessor. The need for fundamental monetary reform is no less urgent than it was a century ago.