Robert Hetzel

Robert L. Hetzel is a visiting scholar at the Federal Reserve Bank of Chicago, a senior affiliated scholar at the Mercatus Center at George Mason University, and a fellow in the Institute for Applied Economics, Global Health, and the Study of Business Enterprise at Johns Hopkins University. His most recent books include The Monetary Policy of the Federal Reserve: A History and The Great Recession: Market Failure or Policy Failure?.

In Search of the Monetary Standard

Central banks create the monetary standard. Standard Federal Reserve System (Fed) rhetoric is that the Federal Open Market Committee (FOMC) pursues the dual mandate...

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