![Media Name: cato-journal-v5n3.jpg](/sites/cato.org/files/styles/serial_cover_phone/public/serials/covers/cato-journal/cato-journal-v5n3.jpg?itok=fWBWsI7c) 

# Winter 1986 

Vol. 5 No. 3 

Reforming the Monetary Regime

##### Articles 

#### [Reforming the Monetary Regime ](/cato-journal/winter-1986/reforming-monetary-regime)

By [James A. Dorn](https://www.cato.org/people/james-dorn) 

#### [Monetary Control and the Political Business Cycle ](/cato-journal/winter-1986/monetary-control-political-business-cycle)

By [William Poole](https://www.cato.org/people/william-poole) 

#### [Comment on Monetary Control and the Political Business Cycle ](/cato-journal/winter-1986/comment-monetary-control-political-business-cycle)

#### [Deficits, Interest Rates, and Monetary Policy ](/cato-journal/winter-1986/deficits-interest-rates-monetary-policy)

By Karl Brunner 

#### [Comment on Deficits, Interest Rates, and Monetary Policy ](/cato-journal/winter-1986/comment-deficits-interest-rates-monetary-policy)

By Ben E. Laden 

#### [Monetary Policy as a Fiscal Instrument ](/cato-journal/winter-1986/monetary-policy-fiscal-instrument)

By [Jerry L. Jordan](https://www.cato.org/people/jerry-jordan) 

#### [Institutional Evolution of Federal Reserve Hegemony ](/cato-journal/winter-1986/institutional-evolution-federal-reserve-hegemony)

By [Richard H. Timberlake Jr.](https://www.cato.org/people/richard-timberlake) 

#### [Comment on Institutional Evolution of Federal Reserve Hegemony ](/cato-journal/winter-1986/comment-institutional-evolution-federal-reserve-hegemony)

By David I. Fand 

#### [Inherent Conflicts of U.S. Monetary Policymaking ](/cato-journal/winter-1986/inherent-conflicts-us-monetary-policymaking)

By Lawrence K. Roos 

#### [How the Fed Crowded Out Reagan’s Economic Policy ](/cato-journal/winter-1986/how-fed-crowded-out-reagans-economic-policy)

By Paul Craig Roberts 

#### [A Proposal to Clarify the Fed’s Policy Mandate ](/cato-journal/winter-1986/proposal-clarify-feds-policy-mandate)

By Robert P. Black 

#### [A Congressional Mandate for Monetary Policy ](/cato-journal/winter-1986/congressional-mandate-monetary-policy)

By Robert L. Hetzel 

#### [Comment on A Congressional Mandate for Monetary Policy ](/cato-journal/winter-1986/comment-congressional-mandate-monetary-policy)

By [Leland B. Yeager](https://www.cato.org/people/leland-yeager) 

#### [Stabilizing the Dollar in a Global Economy ](/cato-journal/winter-1986/stabilizing-dollar-global-economy)

By Marc A. Miles 

#### [Comment on Stabilizing the Dollar in a Global Economy ](/cato-journal/winter-1986/comment-stabilizing-dollar-global-economy)

By Anna. J. Schwartz 

#### [The Knowledge Problem under Alternative Monetary Regimes ](/cato-journal/winter-1986/knowledge-problem-under-alternative-monetary-regimes)

By William N. Butos 

#### [Comment on The Knowledge Problem under Alternative Monetary Regimes ](/cato-journal/winter-1986/comment-knowledge-problem-under-alternative-monetary-regimes)

By Edward J. Green 

#### [Inherent Instability in Banking: The Free Banking Experience ](/cato-journal/winter-1986/inherent-instability-banking-free-banking-experience)

By Arthur J. Rolnick and Warren E. Weber 

#### [Comment on Inherent Instability in Banking: The Free Banking Experience ](/cato-journal/winter-1986/comment-inherent-instability-banking-free-banking-experience)

By [Lawrence H. White](https://www.cato.org/people/lawrence-white) 

#### [Historical Insights into the Deregulation of Money and Banking ](/cato-journal/winter-1986/historical-insights-deregulation-money-banking)

By Donald R. Wells and L. S. Scruggs 

#### [Monetary Control: The Swiss Experience ](/cato-journal/winter-1986/monetary-control-swiss-experience)

By Ulrich Kohli and Georg Rich 

#### [Currency Competition versus Governmental Money Monopolies ](/cato-journal/winter-1986/currency-competition-versus-governmental-money-monopolies)

By Roland Vaubel 

#### [Comment on Currency Competition versus Governmental Money Monopolies ](/cato-journal/winter-1986/comment-currency-competition-versus-governmental-money-monopolies)

By Philip Cagan 

#### [Rational Optimizing, Monetary Theory, and Welfare ](/cato-journal/winter-1986/rational-optimizing-monetary-theory-welfare)

By William Walter Brown and Gary J. Santoni 

##### Book Review 

##### [*Financial Reform in the 1980s* by Thomas F. Cargill and Gillian Garcia](/cato-journal/winter-1986/financial-reform-1980s-thomas-f-cargill-gillian-garcia)

##### [*Inside the Fed: Making Monetary Policy* by William C. Melton](/cato-journal/winter-1986/inside-fed-making-monetary-policy-william-c-melton)

By Gillian Garcia 

##### [*Competition Policy and the Professions* from the Organization for Economic Cooperation and Development](/cato-journal/winter-1986/competition-policy-professions-organization-economic-cooperation)

By Simon Rottenberg 

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