[![Alternative Money University](/sites/cato.org/files/styles/optimized/public/images/amu-banner-2019.jpg?itok=24yCg4w8)](/sites/cato.org/files/images/amu-banner-2019.jpg) 

## Alternative Money University: Program

**July 21 – 24, 2019**

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

**[ About](https://www.cato.org/alternative-money-university) | [Program (2019)](https://www.cato.org/alternative-money-university-programs-2019) | [Faculty (2019)](https://www.cato.org/alternative-money-university-faculty-2019) | [Archives](https://www.cato.org/alternative-money-unversity-programs-archives)**

**Alternative Money University 2019 Program forthcoming**

**Sunday, July 21**

| **5:30-7:00PM** | **Registration** | **Wintergreen/Lobby** |
|:--|:--|:--|
| **7:00-9:00PM** | **Welcoming Dinner and Keynote** [Randall Wright](https://bus.wisc.edu/faculty/randall-wright), Ray B. Zemon Professor of Liquid Assets, University of Wisconsin School of Business | **Conference Hall 1, 2nd Floor** |

**Monday, July 22**

| **8:00-9:00AM** | **Breakfast** | **Conference Hall 2/3, 2nd Floor** |
|:--|:--|:--|
| **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 | **Conference Hall 2/3, 2nd Floor** |
| **10:30-11:00AM** | **Break** | |
| **11:00AM-12:30PM** | ***Free Banking in Theory and in Practice*** [Lawrence H. White](https://www.cato.org/people/lawrence-white), Professor of Economics, George Mason University | **Conference Hall 2/3, 2nd Floor** |
| **12:30-1:30PM** | **Lunch** | **Conference Hall 1, 2nd Floor** |
| **1:30-3:00PM** | ***Theoretical Underpinnings of Market Monetarism*** [David Beckworth](https://www.cato.org/people/david-beckworth), Director, Monetary Policy Program, Mercatus Center at George Mason University | **Conference Hall 2/3, 2nd Floor** |
| **3:00-3:30PM** | **Break** | |
| **3:30-5:00PM** | ***The Place of Monetary Institutions in Monetary Theory*** [Randall Wright](https://bus.wisc.edu/faculty/randall-wright), Ray B. Zemon Professor of Liquid Assets, University of Wisconsin School of Business | **Conference Hall 2/3, 2nd Floor** |
| **5:00-6:30PM** | **Break** | |
| **6:30PM** | **Dinner and Keynote Address** [John Taylor](https://profiles.stanford.edu/john-taylor), Mary and Robert Raymond Professor of Economics at Stanford University |

**Tuesday, July 23**

| **8:00-9:00AM** | **Breakfast** | **Conference Hall 2/3, 2nd Floor** |
|:--|:--|:--|
| **9:00-10:30AM** | ***Managing Fiat Money: Rules vs. Discretion*** [Scott Sumner](https://www.cato.org/people/scott-sumner), Ralph G. Hawtrey Chair of Monetary Policy, Mercatus Center at George Mason University | **Conference Hall 2/3, 2nd Floor** |
| **10:30-11:00AM** | **Break** | |
| **11:00AM-12:30PM** | ***Cryptocurrency: Private Currency of the Future?*** [Lawrence H. White](http://www.cato.org/people/lawrence-white), Professor of Economics, George Mason University | **Conference Hall 2/3, 2nd Floor** |
| **12:30-1:30PM** | **Lunch** | **Conference Hall 1, 2nd Floor** |
| **1:30-3:00PM** | ***The Role of Monetary Policy in the Great Recession*** [David Beckworth](https://www.cato.org/people/david-beckworth), Director, Monetary Policy Program, Mercatus Center at George Mason University | **Conference Hall 2/3, 2nd Floor** |
| **3:00-3:30PM** | **Break** | |
| **3:30-5:00PM** | ***Monetary Policy in a Post-Crisis World*** [Scott Sumner](https://www.cato.org/people/scott-sumner), Ralph G. Hawtrey Chair of Monetary Policy, Mercatus Center at George Mason University | **Conference Hall 2/3, 2nd Floor** |
| **5:00-6:30PM** | **Break** | |
| **6:30PM** | **Dinner and Keynote Address: *Financial Crises and the Founding of the Fed*** [George Selgin](https://www.cato.org/people/george-selgin), Director, Center for Monetary and Financial Alternatives, Cato Institute | **Conference Hall 1, 2nd Floor** |

**Wednesday, July 24**

| **8:00-9:00AM** | **Breakfast** | **Conference Hall 2/3, 2nd Floor** |
|:--|:--|:--|
| **9:00-11:00AM** | ***Monetary Policy Alternatives: A Round-Table Discussion*** **All Faculty** | **Conference Hall 2/3, 2nd Floor** |