Ep. 361 Against Market Monetarism and NGDP Targeting

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A fashionable approach to monetary policy these days, even in free-market circles, involves "NGDP targeting." You need to know what this is, and what its problems are. Have a listen, and check out the show notes below!

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About the Guest

Joseph T. Salerno is academic vice president of the Mises Institute and a professor of economics at Pace University.

Festschrift

The Next Generation of Austrian Economics: Essays in Honor of Joseph T. Salerno (PDF)

Guest’s Book

Money: Sound and Unsound

Guest’s Twitter

@jtsale

Articles Mentioned

“Nominal GDP Targeting: New-Fangled Monetarism or Old-Fashioned Keynesianism?” by Shawn Ritenour
“A Simple Model of the Theory of Money Prices,” by Joseph T. Salerno
Larry White on NGDP Targeting

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