[![Media Name: cj-v37n1-cover.jpg](/sites/cato.org/files/styles/serial_cover_phone/public/serials/covers/cj-v37n1-cover.jpg?itok=8OjTclZW)](https://www.cato.org/sites/cato.org/files/serials/files/cato-journal/2017/2/cj-v37n1.pdf) 

# Winter 2017 

Vol. 37 No. 1 

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##### Articles 

#### [The Microeconomic Perils of Monetary Policy Experiments ](/cato-journal/winter-2017/microeconomic-perils-monetary-policy-experiments)

By Charles Calomiris 

#### [The Japanese Experience with QE and QQE ](/cato-journal/winter-2017/japanese-experience-qe-qqe)

By John Greenwood 

#### [Why Have the Fed’s Policies Failed to Stimulate the Economy? ](/cato-journal/winter-2017/why-have-feds-policies-failed-stimulate-economy)

By Mickey D. Levy 

#### [The Fiscal Theory of the Price Level: A Comment on Tutino and Zarazaga ](/cato-journal/winter-2017/fiscal-theory-price-level-comment-tutino-zarazaga)

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

#### [Economic Policy Uncertainty and Small Business Decisions ](/cato-journal/winter-2017/economic-policy-uncertainty-small-business-decisions)

By Robert Krol 

#### [The Stationary Bandit Model of Intellectual Property ](/cato-journal/winter-2017/stationary-bandit-model-intellectual-property)

By Sinclair Davidson and Jason Potts 

#### [Margaret Thatcher’s Privatization Legacy ](/cato-journal/winter-2017/margaret-thatchers-privatization-legacy)

By [Chris Edwards](https://www.cato.org/people/chris-edwards) 

#### [Have Multilateral Conventions Lowered Bribery Around the World? ](/cato-journal/winter-2017/have-multilateral-conventions-lowered-bribery-around-world)

By Mushfiq Swaleheen and Marcus T. Allen 

#### [Religious Liberty and Economic Prosperity: Four Lessons from the Past ](/cato-journal/winter-2017/religious-liberty-economic-prosperity-four-lessons-past)

By Tony Gill and John M. Owen IV 

#### [Making Inroads: China’s New Silk Road Initiative ](/cato-journal/winter-2017/making-inroads-chinas-new-silk-road-initiative)

By Christine Guluzian 

#### [China’s Future and the Determining Role of the Market for Ideas ](/cato-journal/winter-2017/chinas-future-determining-role-market-ideas)

By Ning Wang 

##### Book Reviews 

##### [*Monetary Regimes and Inflation: History, Economic and Political Relationships, 2nd ed* by Peter Bernholz](/cato-journal/winter-2017/monetary-regimes-inflation-history-economic-political-relationships-2nd-ed)

By Gail E. Makinen 

##### [*The Power and Independence of the Federal Reserve* by Peter Conti-Brown](/cato-journal/winter-2017/power-independence-federal-reserve-peter-conti-brown)

By Ari Blask 

##### [*Politics as a Peculiar Business: Insights from a Theory of Entangled Political Economy* by RIchard Wagner](/cato-journal/winter-2017/politics-peculiar-business-insights-theory-entangled-political-economy)

By Mikayla Novak 

##### [*Who Cooked Adam Smith’s Dinner? A Story of Women and Economics* by Katrine Marçal](/cato-journal/winter-2017/who-cooked-adam-smiths-dinner-story-women-economics-katrine-marcal)

By Steven Horwitz 

##### [*The Vanishing American Corporation: Navigating the Hazards of a New Economy* by Gerald F. Davis](/cato-journal/winter-2017/vanishing-american-corporation-navigating-hazards-new-economy-gerald-f)

By Thomas A. Hemphill 

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