The 10-year treasury yield reached an historic low this week, crossing the 1% barrier. For many observers, this was a troubling...

The Hoover Press and the Mercatus Center have just released a new book on Allan Meltzer's contributions to economics. The book is c...

I have a new policy brief out on NGDP level targeting. The article summarizes in an accessible manner the key arguments for NGDP level ...

Source The repo market hit some road bumps last week. Trading pressures in this key funding market pushed repo interest rates well...

Dollar Dominance I have been part of a dollar dominance conversation for the past few weeks. It started with my NRO article,   discussion...

I have a new article  where I make the case that the U.S. financial system acts as a banker to the world: it tends to issue safer assets to...

Just a quick note on a couple of my papers that recently got published. First,  Josh Hendrickson and I published in the Journal of Money, C...