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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.

Sep 2, 2019

Judge Glock is an economic historian and a scholar at the Cicero Institute in San Francisco. Judge’s research is focused on the Great Depression, and he has recently published a paper on an important idea shaping Federal Reserve policy during this time; the Riefler-Keynes Doctrine.  He joins the show today to talk about this paper and the Great Depression.  David and Judge also discuss the key ideas behind the Riefler-Keynes Doctrine, how it differs from the Real Bills Doctrine, and how this relates to the Fed’s response to the Great Depression.


Transcript for the episode:


Judge’s Twitter: @judgeglock

Judge’s AIER profile:


Related Links:


*The ‘Riefler-Keynes’ Doctrine and Federal Reserve Policy in the Great Depression* by Judge Glock


*Pressuring the Fed is No Surefire Electoral Solution, Says Economic Historian* by Frank Fuhrig


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