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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.

Apr 1, 2019

Bryan Cutsinger is an economist affiliated with Angelo State as well as Texas Tech University and recently published an article titled *Seigniorage in the Civil War South*. He joins the show today to talk about this article, the monetary history of the Civil War, and the economics of Seigniorage. David and Bryan also discuss how both the North and the South financed the war and why the South made some counterintuitive decisions in how they conducted monetary policy.


Transcript for the episode:


Bryan’s website:

Bryan’s George Mason profile:


Related Links:


*Seigniorage in the Civil War South* by Bryan Cutsinger and Joshua Ingber


*The Gold Standard as a Rule: An Essay in Exploration* by Michael Bordo and Finn Kydland


*Financial Failure and Confederate Defeat* by Douglas Ball


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