Podcasts Business Non-Profit Macro Musings with David Beckworth 16 - David Andolfatto on Life at the Fed, Equity-Based Finance, and the Blockchain

16 - David Andolfatto on Life at the Fed, Equity-Based Finance, and the Blockchain

Published: July 25, 2016, 9:24 a.m.

David Andolfatto is a vice president of the St. Louis Federal Reserve Bank and a professor of economics at Simon Fraser University. He joins the show to discuss life at the St. Louis Fed, equity-based finance as a means of averting financial crises, and challenges in using monetary policy to drive nominal growth. Finally, David also clarifies some of the misconceptions surrounding Blockchain technology and explains what this technology may mean for Federal Reserve policy. David Beckworth\u2019s Twitter: @davidbeckworth David Beckworth\u2019s Blog: http://macromarketmusings.blogspot.com/ David Andolfatto\u2019s Twitter: @dandolfa David Andolfatto\u2019s Blog: http://andolfatto.blogspot.com/ Related links The Diamond-Dybvig Model on bank runs: https://www.macroeconomics.tu-berlin.de/fileadmin/fg124/financial_crises/literature/Diamon_Dybvig_Bank_Runs__Deposit_Insurance__and_Liquidity.pdf David Andolfatto on \u201cA Dirty Little Secret\u201d about monetary policy: http://andolfatto.blogspot.com/2014/11/a-dirty-little-secret.html