Monday, 25 August 2008

On Central Banking

News to me: it turns out the big shots from the world of central banking and monetary policy gather together once a year in Wyoming's Teton mountain range to attend the Federal Reserve Bank of Kansas City's Jackson Hole Conference. Once you've gotten over the mental images of banking policy wonks dressed in cargo shorts and Tilley hats playing trust building exercises, here's a sampling of the punditry available.

Ben Bernanke, suggesting that the Fed take on a greater macroprudential role for preventing future crises in addition to it's inflationary responsibilities

The NYT on debates within the Fed over the future of monetary policy, featuring LSE's own super-academic, Willem Buiter.

FT video on Bernanke's difficult position.

Alan Greenspan suggesting (horrors!) a new government agency to deal with the collapse of systemically-important financial institutions.

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