# 31st Annual Monetary Conference

## WAS THE FED A GOOD IDEA?

**Thursday, November 14, 2013** 
9:00 a.m. — 6:15 p.m.

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

**[About the Conference](/events/31st-annual-monetary-conference) | [Conference Schedule](/events/31st-annual-monetary-conference/schedule)**

## Conference Schedule

| 8:30 — 9:00 a.m. | REGISTRATION |
|---|---|
| 9:00 — 9:05 a.m. | WELCOMING REMARKS **[James A. Dorn](/people/james-dorn)** Vice President for Academic Affairs, Cato Institute |
| 9:05 — 9:45 a.m. | KEYNOTE ADDRESS **Charles I. Plosser** President and CEO, Federal Reserve Bank of Philadelphia [Watch the Event in QuickTime](https://cdn.cato.org/archive-2013/cc-11-14-13-01.mp4) [Download a Podcast of the Event](https://cdn.cato.org/archive-2013/cca-11-14-13-01.mp3) |
| 9:45 — 11:00 a.m. | PANEL 1: 100 YEARS OF THE FED: WHAT HAVE WE LEARNED? *Moderator:* **Mary Anastasia O’Grady** Member, Editorial Board, *Wall Street Journal* **Jerry L. Jordan** Former President, Federal Reserve Bank of Cleveland **George A. Selgin** Professor of Economics, University of Georgia **Athanasios Orphanides** Professor of the Practice of Global Economics and Management, MIT Sloan School of Management [Watch the Event in QuickTime](https://cdn.cato.org/archive-2013/cc-11-14-13-02.mp4) [Download a Podcast of the Event](https://cdn.cato.org/archive-2013/cca-11-14-13-02.mp3) |
| 11:00 — 11:15 a.m. | BREAK |
| 11:15 a.m. — 12:30 p.m. | PANEL 2: ALTERNATIVES TO DISCRETIONARY GOVERNMENT FIAT MONEY *Moderator:* **[Richard W. Rahn](https://www.cato.org/people/richard-rahn)** Senior Fellow, Cato Institute **Lawrence H. White** Professor of Economics, George Mason University **Richard H. Timberlake** Author, *Constitutional Money* **Scott B. Sumner** Professor of Economics, Bentley University [Watch the Event in QuickTime](https://cdn.cato.org/archive-2013/cc-11-14-13-03.mp4) [Download a Podcast of the Event](https://cdn.cato.org/archive-2013/cca-11-14-13-03.mp3) |
| 12:30 — 1:15 p.m. | LUNCHEON |
| 1:15 — 2:00 p.m. | LUNCHEON ADDRESS **Leszek Balcerowicz** Former Chairman, National Bank of Poland [Watch the Event in QuickTime](https://cdn.cato.org/archive-2013/cc-11-14-13-04.mp4) [Download a Podcast of the Event](https://cdn.cato.org/archive-2013/cca-11-14-13-04.mp3) |
| 2:00 — 3:15 p.m. | PANEL 3: THE FED VS. THE MARKET AS BANK REGULATOR *Moderator:* **[Mark Calabria](https://www.cato.org/people/mark-calabria)** Director of Financial Regulation, Cato Institute **Rep. Jeb Hensarling** Chairman, House Financial Services Committee **[John A. Allison](https://www.cato.org/people/john-allison)** President and CEO, Cato Institute, and retired Chairman and CEO, BB&T **Kevin Dowd** Professor of Finance and Economics, Durham University [Watch the Event in QuickTime](https://cdn.cato.org/archive-2013/cc-11-14-13-05.mp4) [Download a Podcast of the Event](https://cdn.cato.org/archive-2013/cca-11-14-13-05.mp3) |
| 3:15 — 3:30 p.m. | BREAK |
| 3:30 — 4:30 p.m. | PANEL 4: THE CASE FOR A NATIONAL MONETARY COMMISSION AND FUNDAMENTAL REFORM *Moderator:* **Judy Shelton** Co-Director, Sound Money Project, Atlas Economic Research Foundation **Rep. Kevin P. Brady** Chairman, Joint Economic Committee **[Gerald P. O’Driscoll Jr.](https://www.cato.org/people/gerald-odriscoll)** Senior Fellow, Cato Institute **R. David Ranson** President and Director of Research, Wainwright Economics [Watch the Event in QuickTime](https://cdn.cato.org/archive-2013/cc-11-14-13-06.mp4) [Download a Podcast of the Event](https://cdn.cato.org/archive-2013/cca-11-14-13-06.mp3) |
| 4:30 — 5:15 p.m. | CLOSING ADDRESS **Lewis E. Lehrman** Chairman, The Lehrman Institute [Watch the Event in QuickTime](https://cdn.cato.org/archive-2013/cc-11-14-13-07.mp4) [Download a Podcast of the Event](https://cdn.cato.org/archive-2013/cca-11-14-13-07.mp3) |
| 5:15 — 6:15 p.m. | RECEPTION |