Wake Forest University will host a two-day conference that considers the relevance and necessity of the Federal Reserve. The program, organized by the Economics Department at Wake Forest University and sponsored by the BB&T Center for the Study of Capitalism, will be held on Feb. 11-12.
The Fed's centennial is approaching and we anticipate much oratory, books, conferences, and papers singing its praises. Perhaps this praise is warranted; perhaps it is not. The purpose of this conference is to examine whether or not such praise is truly warranted. Scholars have been invited to present papers that support and/or contradict the conference title’s assertion by carefully examining the historical record. This conference is being organized by the Economics Department at Wake Forest University and is sponsored by the BB&T Center for the Study of Capitalism.
Click here to register for the conference. Students do not need to register.
Friday February 11, 2010
J. Daniel Hammond, Wake Forest University
“Milton Friedman and the Federal Reserve: Then and Now”
John A. Allison, Wake Forest University, BB&T Chairman and CEO (retired)
“The Practical Impact of the Federal Reserve on Decision Making in Large Financial Institutions”
John A. James, University of Virginia
David F. Weiman, Barnard College
“Panics and the Disruption of Private Payments Networks: The United States in 1893 and 1907”
Thomas Sargent, New York University
Keynote Address: “Drawing Lines in U.S. Monetary and Fiscal History”
Saturday, February 12, 2010
Jeffry Miron, Harvard University
“Has Economic Performance Improved Since the Founding of the Fed?”
George Selgin, University of Georgia
Lawrence H. White, George Mason University
“Has the Fed Been a Failure?”
Richard Sylla, New York University
“Bank Failures and Output”
John H. Wood, Wake Forest University
“A Comparison of the Independent Treasury and the Federal Reserve System as Congress’s Agents for ‘The Regulation of the Currency’”