Editor’s Note

By James A. Dorn

A Limited Central Bank

By Charles I. Plosser

A Century of Central Banking: What Have We Learned?

By Jerry L. Jordan

Operation Twist‐​the‐​Truth: How the Federal Reserve Misrepresents Its History and Performance

By George Selgin

The Need for a Price Stability Mandate

By Athanasios Orphanides

The Troubling Suppression of Competition from Alternative Monies: The Cases of the Liberty Dollar and E‐​gold

By Lawrence H. White

Clearing House Currency

By Richard H. Timberlake Jr.

Nominal GDP Targeting: A Simple Rule to Improve Fed Performance

By Scott Sumner

Fed versus Market Regulation

By Rep. Jeb Hensarling

Market Discipline Beats Regulatory Discipline

By John A. Allison

How Should Financial Markets Be Regulated?

By Kevin Dowd and Martin Hutchinson

The Case for a Centennial Monetary Commission

By Rep. Kevin Brady

Prospects for Fundamental Monetary Reform

By Gerald P. O'Driscoll Jr.

Why the Fed’s Monetary Policy Has Been a Failure

By R. David Ranson

The Federal Reserve and the Dollar

By Lewis E. Lehrman

Rise of the Warrior Cop: The Militarization of America’s Police Forces by Radley Balko

By Jonathan Blanks

Foreign Policy Begins at Home: The Case for Putting America’s House in Order by Richard N. Haass

By Travis Evans

Why Capitalism? by Allan H. Meltzer

By Tom G. Palmer

Change They Can’t Believe In: The Tea Party and Reactionary Politics in America by Christopher S. Parker and Matt A. Barreto

By Emily Ekins