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## Alternative Money University 2018: Program

**July 15 – 18, 2018**

**Cato Institute** 
1000 Massachusetts Ave, NW 
Washington, DC 20001

**[About](https://www.cato.org/alternative-money-university) | [Program](https://www.cato.org/alternative-money-university-programs-2018) | [Faculty](https://www.cato.org/alternative-money-university-faculty-2018)**

**Sunday, July 15**

| **5:30-6:30PM** | **Registration** |
|:--|:--|
| **7:00-9:00PM** | **Welcoming Dinner and Keynote** [James Bullard](https://www.stlouisfed.org/from-the-president/bio), President and CEO of the St. Louis Federal Reserve |

**Monday, July 16**

| **8:00-9:00AM** | **Breakfast** |
|:--|:--|
| **9:00-10:30AM** | ***The Evolution of Money and Banks*** [George Selgin](http://www.cato.org/people/george-selgin), Director, Center for Monetary and Financial Alternatives, Cato Institute |
| **10:30-11:00AM** | **Break** |
| **11:00AM-12:30PM** | ***Monetary Stability, Deflation, and Productivity*** [David Beckworth](http://www.cato.org/people/david-beckworth), Senior Research Fellow, Program on Monetary Policy, Mercatus Center at George Mason University |
| **12:30-2:00PM** | **Lunch** |
| **2:00-3:30PM** | ***The Economics of Commodity Money (and Bitcoin)*** [Lawrence H. White](http://www.cato.org/people/lawrence-white), Professor of Economics, George Mason University |
| **3:30-4:00PM** | **Break** |
| **4:00-5:30PM** | ***Monetary Rules vs. Discretion*** [Scott Sumner](https://www.mercatus.org/scott-sumner), Ralph G. Hawtrey Chair of Monetary Policy and Director, Program on Monetary Policy, Mercatus Center at George Mason University and Professor Emeritus, Bentley University |
| **5:30-6:30PM** | **Break** |
| **6:30PM** | **Dinner and Keynote: *The New Monetary Economics*** [Randall Wright](https://bus.wisc.edu/faculty/randall-wright), Ray B. Zemon Professor of Liquid Assets, University of Wisconsin School of Business |

**Tuesday, July 17**

| **8:00-9:00AM** | **Breakfast** |
|:--|:--|
| **9:00-10:30AM** | ***Free Banking in Theory and Practice*** [Lawrence H. White](http://www.cato.org/people/lawrence-white), Professor of Economics, George Mason University |
| **10:30-11:00AM** | **Break** |
| **11:00AM-12:30PM** | ***Financial Crises and the Founding of the Fed*** [George Selgin](http://www.cato.org/people/george-selgin), Director, Center for Monetary and Financial Alternatives, Cato Institute |
| **12:30-2:00PM** | **Lunch** |
| **2:00-3:30PM** | ***The Role of Monetary Policy in the Great Recession*** [David Beckworth](http://www.cato.org/people/david-beckworth), Senior Research Fellow, Program on Monetary Policy, Mercatus Center at George Mason University |
| **3:30-4:00PM** | **Break** |
| **4:00-5:30PM** | ***Monetary Policy in a Post-Crisis World*** [Scott Sumner](https://www.mercatus.org/scott-sumner), Ralph G. Hawtrey Chair of Monetary Policy and Director, Program on Monetary Policy, Mercatus Center at George Mason University and Professor Emeritus, Bentley University |
| **5:30-6:30PM** | **Break** |
| **6:30PM** | **Dinner** |

**Wednesday, July 18**

| **8:00-9:00AM** | **Breakfast** |
|:--|:--|
| **9:00-11:00AM** | ***Monetary Policy Alternatives: A Round-Table Discussion*** **All Faculty** |