Panel 1: Asset Market Bubbles and Fed Policy Panel 2: Financial Innovation and Monetary Policy Panel 3: Moral Hazard and the Limits of Monetary Policy

Cato’s 25th Annual Monetary Conference will focus on money and freedom—in particular, the risks inherent in a government fiat money regime—and consider monetary and exchange-rate regimes that may emerge in the search for stable money. In addition to the dollar, yen, and euro, special...

This year's monetary conference will address the following issues: - How should the Fed respond to growing global imbalances and a falling dollar? - Is global competition sufficient to discipline central banks? - Did the Greenspan Fed err by providing too much liquidity in the face of crises and...

Globalization has substantially increased the flow of private capital available to emerging markets compared with official flows from multilateral institutions. Countries that pursue sound polices will attract large capital inflows, but those that do not will suffer net capital outflows. This...