Cato Institute 30th Annual Monetary Conference

Money, Markets, and Government: The Next 30 Years

Thursday, November 15, 2012
9:00 a.m. — 6:15 p.m.

Cato Institute, 1000 Massachusetts Avenue, N.W., Washington, D.C.

About the Conference | Conference Schedule

CATO'S 30TH ANNUAL MONETARY CONFERENCE — MONEY, MARKETS, AND GOVERNMENT: THE NEXT 30 YEARS — will address the links between sound money, free markets, and limited government, and how those links might evolve in the future. One path is to continue the present course and use central banks to monetize government debt, allocate credit, and distort interest rates. An alternative path is to limit the size and scope of government, adopt a rules-based regime, and let free capital markets allocate credit. The choice of monetary and fiscal policy regimes will determine whether economic and social harmony will spontaneously emerge or whether government power will continue to grow.

Join leading U.S. and global experts to discuss

• How the choice of monetary and fiscal policy regimes affect economic freedom and prosperity
• Policy steps needed to avoid future financial crises
• Lessons from the Eurozone debt crisis
• The limits of monetary policy
• China's path toward capital freedom

Follow the conversation on Twitter with the Hashtag: #CMC30.

Please join our distinguished speakers on Thursday, November 15, to discuss these and related issues.

Featured Speakers

Vernon L. Smith Professor of Economics, Chapman University, and Nobel Laureate in Economics	Thomas Hoenig Vice Chairman,Federal Deposit Insurance Corporation	John B. Taylor Professor of Economics, Stanford University

George S. Tavlas Director, Bank of Greece	Jürgen Stark Former Chief Economist, European Central Bank	Charles I. Plosser President, Federal Reserve Bank of Philadelphia

About the Conference | Conference Schedule

Conference Schedule

8:30 - 9:00 a.m.	REGISTRATION
9:00 - 9:05 a.m.	WELCOMING REMARKS James A. Dorn Vice President for Academic Affairs, Cato Institute
9:05 - 9:45 a.m.	KEYNOTE ADDRESS Vernon L. Smith Professor of Economics, Chapman University, and Nobel Laureate in Economics Watch the Event in QuickTime (M4V) Download a Podcast of the Event (MP3)
9:45 - 11:00 a.m.	PANEL 1: AVOIDING THE NEXT CRISIS Moderator: Zanny Minton Beddoes Economics Editor, The Economist Thomas Hoenig Vice Chairman, Federal Deposit Insurance Corporation Lawrence H. White Professor of Economics, George Mason University Robert L. Hetzel Senior Economist, Federal Reserve Bank of Richmond Jeffrey A. Miron Senior Fellow, Cato Institute, and Director of Undergraduate Studies in Economics, Harvard University Watch the Event in QuickTime (M4V) Download a Podcast of the Event (MP3)
11:00 - 11:15 a.m.	BREAK
11:15 a.m. - 12:30 p.m.	PANEL 2: THE LIMITS OF MONETARY POLICY Moderator: William Poole Senior Fellow, Cato Institute Allan H. Meltzer Professor of Economics, Carnegie-Mellon University Kevin Warsh Distinguished Visiting Fellow, Hoover Institution Gerald P. O'Driscoll Jr. Senior Fellow, Cato Institute David Malpass President, Encima Global Watch the Event in QuickTime (M4V) Download a Podcast of the Event (MP3)
12:30 - 1:15 p.m.	LUNCHEON
1:15 - 2:00 p.m.	LUNCHEON ADDRESS John B. Taylor Professor of Economics, Stanford University Watch the Event in QuickTime (M4V) Download a Podcast of the Event (MP3)
2:00 - 3:15 p.m.	PANEL 3: LESSONS FROM THE EURO CRISIS Moderator: Mary Anastasia O'Grady Member, Editorial Board, Wall Street Journal George S. Tavlas Director, Bank of Greece Jürgen Stark Former Chief Economist, European Central Bank Pedro Schwartz Giron Professor of Economics, San Pablo University, Madrid Wolfgang Münchau Associate Editor, Financial Times Watch the Event in QuickTime (M4V) Download a Podcast of the Event (MP3)
3:15 - 3:30 p.m.	BREAK
3:30 - 4:30 p.m.	PANEL 4: CAPITAL FREEDOM FOR CHINA? Moderator: Tao Zhang U.S. Bureau Chief, Caixin Media Eswar S. Prasad Tolani Senior Professor of Trade Policy, Cornell University Yukon Huang Senior Associate, Carnegie Endowment for International Peace Zhiwu Chen Professor of Finance, Yale School of Management Watch the Event in QuickTime (M4V) Download a Podcast of the Event (MP3)
4:30 - 5:15 p.m.	CLOSING ADDRESS Charles I. Plosser President, Federal Reserve Bank of Philadelphia Watch the Event in QuickTime (M4V) Download a Podcast of the Event (MP3)
5:15 - 6:15 p.m.	RECEPTION