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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 25, 2019

George Selgin is the director of the Cato Institute’s Center for Monetary and Financial Alternatives, professor emeritus of economics at the University of Georgia, and a returning guest to show.  For this special live episode, George joins Macro Musings to talk about his new book, *Floored: How a Misguided Fed Experiment Deepened and Prolonged the Great Recession.* David and George also discuss the liquidity coverage ratio, the Fed’s transition from a corridor to a floor system, and the arguments for and against such an operating system.


Transcript for the episode:


George’s Twitter: @GeorgeSelgin

George’s Cato Institute profile:


Related Links:


*The Fed Marches On* by George Selgin


*Balance Sheet News* blog post by Stephen Williamson


David Beckworth’s Twitter thread on the Fed’s decision to stick with a floor system:


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