Presents…
the SHADOW OPEN MARKET COMMITTEE (SOMC) symposium:
Restoring Sound Monetary Policy
with keynote speaker Rep. Kevin Brady
Vice Chairman of the Joint Economic Committee and author of the Sound Dollar Act
and presentation by William Poole
Former President of the Federal Reserve Bank of St. Louis
Position papers on issues related to the Sound Dollar Act and the Fed’s monetary policy were presented by SOMC members Charles Calomiris, Gregory Hess, Marvin Goodfriend, Peter Ireland, and Mickey Levy.
Position Papers
A Fed Scorecard for the Last Decade
by Charles Calomiris, Columbia University Graduate School of Business
Securing the Promise of Price Stability
by Marvin Goodfriend, Carnegie Mellon University
What’s Next for Monetary Policy
by Gregory Hess, Claremont McKenna College
Innovations to Federal Reserve Policy: Opportunities Seized and Opportunities Lost
by Peter Ireland, Boston College
The Fed’s Monetary Policy: Limitations and Concerns
by Mickey Levy, Bank of America