World Model · podcast knowledge graph

George Selgin on the Fed

2010-12-06 · 78 min · episode 240 · 18 entities

episode page audio

Asserted relationships

  • → appeared on EconTalk podcast
    0.63
    evidence rules-v4
    George Selgin on the Fed
  • → hosted by Russ Roberts person
    0.55
    evidence rules-v4
    Feed author/publisher: Russ Roberts
  • → hosted by Library of Economics and Liberty person
    0.55
    evidence rules-v4
    Feed author/publisher: Library of Economics and Liberty
  • → discusses Society & Culture concept
    0.40
    evidence rules-v4
    Feed category: Society & Culture
  • → discusses Science concept
    0.40
    evidence rules-v4
    Feed category: Science
  • → discusses Philosophy concept
    0.40
    evidence rules-v4
    Feed category: Philosophy
  • → discusses Education concept
    0.40
    evidence rules-v4
    Feed category: Education
  • → discusses Courses concept
    0.40
    evidence rules-v4
    Feed category: Courses
  • → discusses Social Sciences concept
    0.40
    evidence rules-v4
    Feed category: Social Sciences

Entities found in this episode

concepts 12

  • mentioned Society & Culture concept
    0.50
    evidence rules-v4
    Feed category: Society & Culture
  • mentioned Science concept
    0.50
    evidence rules-v4
    Feed category: Science
  • mentioned Philosophy concept
    0.50
    evidence rules-v4
    Feed category: Philosophy
  • mentioned Education concept
    0.50
    evidence rules-v4
    Feed category: Education
  • mentioned Courses concept
    0.50
    evidence rules-v4
    Feed category: Courses
  • mentioned Social Sciences concept
    0.50
    evidence rules-v4
    Feed category: Social Sciences
  • discusses Society & Culture concept
    0.40
    evidence rules-v4
    Feed category: Society & Culture
  • discusses Science concept
    0.40
    evidence rules-v4
    Feed category: Science
  • discusses Philosophy concept
    0.40
    evidence rules-v4
    Feed category: Philosophy
  • discusses Education concept
    0.40
    evidence rules-v4
    Feed category: Education
  • discusses Courses concept
    0.40
    evidence rules-v4
    Feed category: Courses
  • discusses Social Sciences concept
    0.40
    evidence rules-v4
    Feed category: Social Sciences

persons 5

  • mentioned Russ Roberts person
    0.70
    evidence rules-v4
    Feed author/publisher: Russ Roberts
  • 0.70
    evidence rules-v4
    Feed author/publisher: Library of Economics and Liberty
  • mentioned George Selgin person
    0.66
    evidence rules-v4
    George Selgin on the Fed
  • hosted by Russ Roberts person
    0.55
    evidence rules-v4
    Feed author/publisher: Russ Roberts
  • 0.55
    evidence rules-v4
    Feed author/publisher: Library of Economics and Liberty

podcasts 1

  • appeared on EconTalk podcast
    0.63
    evidence rules-v4
    George Selgin on the Fed
Episode description as stored
George Selgin, of the University of Georgia, talks with EconTalk host Russ Roberts about whether the creation of the Federal Reserve in 1913 has been a boon or a bust for the U.S. economy. Drawing on a recent paper by William Lastrapes and Lawrence White recently released by the Cato Institute, "Has the Fed Been a Failure?" Selgin argues that the Fed has done poorly at two missions often deemed to justify a central bank: lender of last resort and smoother of the business cycle. Selgin makes the case that avoiding bank runs and bank panics does not require a central bank and that contrary to received wisdom, it is hard to argue that the Fed has smoothed the business cycle. Additional topics discussed include whether the Fed has the information to do its jobs well, the role of the Fed in moral hazard, and the potential for the gold standard to outperform the Fed.