The Cato Journal, vol. 28, no. 2, Spring/Summer 2008

An Interdisciplinary Journal of Public Policy Analysis
Volume 28, Number 2, Spring/Summer 2008

Monetary Arrangements in the 21st Century

James A. Dorn
Editor's Note
(PDF, 2 pp., 47Kb)

Ben S. Bernanke
The Fed’s Road toward Greater Transparency
(PDF, 12 pp., 106Kb)

Yi Gang
Renminbi Exchange Rates and Relevant Institutional Factors
(PDF, 10 pp., 98Kb)

Eddie Yue and Dong He
The Future of the Renminbi and Its Impact on the Hong Kong
Dollar
(PDF, 7 pp., 76Kb)

John Greenwood
The Costs and Implications of PBC Sterilization
(PDF, 13 pp., 199Kb)

Fred Hu
The Role of the Renminbi in the World Economy
(PDF, 6 pp., 69Kb)

Arnold C. Harberger
Lessons from Monetary and Real Exchange Rate Economics
(PDF, 11 pp., 104Kb)

Miranda Xafa
Monetary Stability, Exchange Rate Regimes, and Capital Controls:
What Have We Learned?
(PDF, 10 pp., 99Kb)

Marvin Goodfriend
The Case for Price Stability with a Flexible Exchange Rate in the
New Neoclassical Synthesis
(PDF, 8 pp., 82Kb)

Anna J. Schwartz
Monetary Policy and the Legacy of Milton Friedman
(PDF, 8 pp., 84Kb)

Antonio Martino
Milton Friedman and the Euro
(PDF, 11 pp., 107K b)

Steve H. Hanke
Friedman: Float or Fix?
(PDF, 11 pp., 134K b)

George Selgin
Milton Friedman and the Case against Currency Monopoly
(PDF, 15 pp., 133K b)

Richard H. Timberlake
The Federal Reserve’s Role in the Great Contraction and the
Subprime Crisis
(PDF, 10 pp., 100K b)

Surjit S. Bhalla
Economic Development and the Role of Currency
Undervaluation
(PDF, 28 pp., 244K b)

Book Reviews

Freedom from Want: American Liberalism and the Global
Economy
by Edward Gresser
Reviewed by Daniel Griswold
(PDF, 4 pp., 70Kb)

The Cult of Statistical Significance: How the Standard Error
Costs Us Jobs, Justice, and Lives
by Stephen T. Ziliak and Deirdre N. McCloskey
Reviewed by Peter Van Doren
(PDF, 6 pp., 77Kb)

Supreme Discomfort: The Divided Soul of Clarence Thomas
by Kevin Merida and Michael A. Fletcher
Reviewed by Ilya Shapiro
(PDF, 5 pp., 72K b)

Rumsfeld’s Wars: The Arrogance of Power
by Dale R. Herspring
Reviewed by Ionut Popescu
(PDF, 5 pp., 71K b)

World War IV: The Long Struggle against Islamofascism
by Norman Podhoretz
Reviewed by Christopher Preble
(PDF, 5 pp., 69K b)

Upcoming Events