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Media Name: cj-v38n2-cover.jpg

Spring/Summer 2018

Vol. 38 No. 2

Edited by James A. Dorn

The Future of Monetary Policy

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Articles

Editor’s Note

By James A. Dorn

Allan H. Meltzer: A Life Well Lived

By James A. Dorn

Toward a Rules-Based International Monetary System

By John B. Taylor

Milton Friedman and the Case for Flexible Exchange Rates and Monetary Rules

By Harris Dellas and George S. Tavlas

The Case for a New International Monetary System

By Judy Shelton

Some Thoughts on International Monetary Policy Coordination

By Charles I. Plosser

Demographics and Their Implications for the Economy and Policy

By Loretta Mester

Normalizing Monetary Policy

By Martin Feldstein

Priorities on the Path to Normalization

By Kevin Warsh

The Optimum Quantity of Money and the Zero Lower Bound

By J. Huston McCulloch

Exit Strategies from Monetary Expansion and Financial Repression

By Gunther Schnabl

Progress and Promise for Monetary Policy Reforms

By Rep. Andy Barr (R‑KY)

The Curse of the War on Cash

By Lawrence H. White

Special Interest Politics Could Save Cash or Kill It

By Norbert Michel

The Costs and Benefits of Eliminating Currency

By William D. Lastrapes

The Slow, Uneven Rise of the Renminbi

By Eswar S. Prasad

Bluster Notwithstanding, China’s Bargaining Position Will Weaken

By Charles Calomiris

Long-Term and Short-Term Impediments to the RMB’s Rise as a Reserve Currency

By David Dollar

Book Reviews

Clashing Over Commerce: A History of U.S. Trade Policy by Douglas A. Irwin

By Daniel J. Ikenson

Statecraft and Liberal Reform in Advanced Democracies by Nils Karlson

By John Samples

The Cadaver King and the Country Dentist: A True Story of Injustice in the American South by Radley Balko and Tucker Carrington

By Jonathan Blanks

The Case Against Education: Why the Education System Is a Waste of Time and Money by Bryan Caplan

By Allen Mendenhall

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