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Hosted by David Beckworth of the Mercatus Center, Macro Musings is a podcast which pulls back the curtain on the important macroeconomic issues of the past, present, and future.

Feb 4, 2019

Donald Kohn is a senior fellow at the Brookings Institution and currently serves as an external member of the Financial Policy Committee at the Bank of England. Donald is also a 40-year veteran of the Federal Reserve System, serving previously as a governor and then as vice-chair of the Board of Governors from 2002 to 2010. He joins the show today to talk about his journey through the Federal Reserve System in addition to some of his recent work. David and Donald also discuss Fed policy during the ‘80s, expanding the types of assets the Fed could purchase, and the challenges it faces today.


Transcript for the episode:


Donald’s Brookings profile:

Donald’s Federal Reserve History biography:


Related Links:


*The Anguish of Central Banking* by Arthur Burns


*Secrets of the Temple: How the Federal Reserve Runs the Country* by William Greider


*Keeping At It: The Quest for Sound Money and Good Government* by Paul Volcker


David’s blog:
David’s Twitter: @DavidBeckworth