Alternative Money University
By Scott Sumner
I’m pleased to announce that I’ll be teaching in a four day program called “Alternative Money University”, organized by George Selgin. The program will take place July 15-18 at the Cato Institute in Washington DC, and George provides some information about registering in his blog:
Students in or entering their last year of undergraduate or beginning years of graduate studies are invited to apply. Successful applicants will be chosen on the basis of their academic records and demonstrated interest in monetary economics.
Those chosen to take part will attend, free of charge (with hotel and travel expenses covered by the Cato Institute), several thought-provoking academic seminars led by top scholars in the field. This year’s seminars will include:
“The Evolution of Money and Banks,” taught by George Selgin, the director of Cato’s Center for Monetary and Financial Alternative and professor emeritus of economics at the University of Georgia.
“The Economics of Commodity Money (and Bitcoin),” taught by Lawrence H. White, professor of economics at George Mason University and senior fellow at the Cato Institute.
“The Role of Monetary Policy in the Great Recession,” taught by David Beckworth, senior research fellow in the Program on Monetary Policy at the Mercatus Center at George Mason University and host of the Macro Musings podcast.
“Monetary Rules vs. Discretion,” taught by, Scott Sumner, Ralph G. Hawtrey Chair of Monetary Policy and director of the Program on Monetary Policy at the Mercatus Center at George Mason University, and professor emeritus at Bentley University.
If you wish to apply, or to learn more about the program, visit www.cato.org/amu. Applications are open until January 31, 2018.
St. Louis Fed President James Bullard will be providing a keynote address at the beginning of the event.
I’m not sure about the logistics of doing this, but I’d like to use the unpublished manuscript for my new book as a teaching resource. This book will be called “The Money Illusion: Market Monetarism and the Great Recession”, and will be based on my last 9 years of blogging. If I’m able to do so, then students in my course would be the first to use this book in a class.
I’m really looking forward to this project. I’ve never actually taught a course where most of the students wanted to be there—where most of the students actually want to learn the material. So it will be a new experience for me.