Podcasts Business Non-Profit Macro Musings with David Beckworth Daniel Smith and Alexander Salter on *Money and the Rule of Law: Generality and Predictability in Monetary Institutions*

Daniel Smith and Alexander Salter on *Money and the Rule of Law: Generality and Predictability in Monetary Institutions*

Published: June 14, 2021, 4:30 a.m.

Dan Smith is an associate professor of economics at Middle Tennessee State University and directs the Political Economy Research Institute at MTSU. Alex Salter is an associate professor of economics at Texas Tech University. Dan and Alex join David on a special live episode of Macro Musings to discuss their new book, Money and the Rule of Law: Generality and Predictability in Monetary Institutions. Specifically, they discuss knowledge and incentive problems in setting monetary policy, what is meant by \u201crule of law,\u201d how to make monetary policy accountable, centralized versus decentralized forms of digital currencies, thoughts on free banking, and much more.

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Transcript for the episode can be found here.

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Alex\u2019s Twitter: @alexwsalter

Alex\u2019s website: https://www.awsalter.com/

Alex\u2019s Free Market Institute profile: https://www.depts.ttu.edu/freemarketinstitute/people/salter.php

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Daniel\u2019s Twitter: @smithdanj1

Daniel\u2019s website: http://www.danieljosephsmith.com/about.html

Daniel\u2019s MTSU profile: https://www.mtsu.edu/faculty/daniel-j-smith

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Related Links:

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*Seigniorage in a Cross-Section of Countries* by Reid W. Click

https://www.jstor.org/stable/2601207

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*Money and the Rule of Law: Generality and Predictability in Monetary Institutions* by Peter J. Boettke, Alexander William Salter, and Daniel J. Smith

https://www.cambridge.org/core/books/money-and-the-rule-of-law/C825E982EDE5BD2BE41A99464DC885DB

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David\u2019s blog: macromarketmusings.blogspot.com

David\u2019s Twitter: @DavidBeckworth