The Mercatus Center’s David Beckworth comes to Cato for a live recording of his popular Macro Musings podcast, interviewing George Selgin about his new book Floored!: How a Misguided Fed Experiment Deepened and Prolonged the Great Recession. Floored! is the first comprehensive account of the Federal Reserve’s new post-crisis “floor” monetary policy operating system. Marking his fourth Macro Musings episode, Selgin will share his three-year research journey into this new experimental system, how the Fed stumbled into it, and its consequences for the economy — including how it could turn the Fed into a Trojan piggybank of fiscal profligacy.