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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.

Nov 13, 2017

Jeffrey Rogers Hummel is a professor of economics at San Jose State University and writes on macroeconomics and economic history. Today, Jeff joins the show to discuss his work on the Fed’s interventions during the Great Recession. He also dispels some myths about the extent to which the Fed really influences interest rates. Finally, he explains why he believes that cash plays an important role in society and why recent proposals to abolish cash are misguided. David’s blog: Macro Musings podcast site: David’s Twitter: @DavidBeckworth Jeff Hummel’s San Jose State University profile: Related links: “Central Bank Control over Interest Rates: The Myth and the Reality” by Jeffery Rogers Hummel “Ben Bernanke vs. Milton Friedman: The Federal Reserve’s Emergence as the U.S. Economy’s Central Planner” by Jeffrey Rogers Hummel “The War on Cash: A Review of Kenneth Rogoff’s *The Curse of Cash*” by Jeffrey Rogers Hummel