Podcasts Business Non-Profit Macro Musings with David Beckworth Marc Lavoie on Canadian Central Bank Policy, Real-time Payments, and the Post-Keynesian Tradition

Marc Lavoie on Canadian Central Bank Policy, Real-time Payments, and the Post-Keynesian Tradition

Published: Feb. 3, 2020, 5:30 a.m.

Marc Lavoie is a professor of economics at the University of Ottawa and an author a recent article on the Bank of Canada\u2019s operating system. Marc is also the coauthor of a popular textbook titled, *Monetary Economics: An integrated Approach to Credit, Money, Income, Production, and Wealth.* He joins the show today to talk about these works and more. David and Marc also discuss differences between post-Keynesian and mainstream macroeconomics, the history and defining characteristics of Canada\u2019s corridor operating system, and what ideal central bank policy might look like for Canada in the future.

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Transcript for the episode: https://www.mercatus.org/bridge/podcasts/02032020/marc-lavoie-canadian-central-bank-policy-real-time-payments-and-post

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Marc\u2019s University of Ottawa profile: https://uniweb.uottawa.ca/members/942/profile

Marc\u2019s Institute for New Economic Thinking archive: https://www.ineteconomics.org/research/experts/mlavoie

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Related Links:

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*A System with Zero Reserves and with Clearing Outside of the Central Bank: The Canadian Case* by Marc Lavoie

https://www.tandfonline.com/doi/abs/10.1080/09538259.2019.1616922

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*Monetary Economics: An Integrated Approach to Credit, Money, Income, Production and Wealth* by Wynne Godley and Marc Lavoie

https://link.springer.com/book/10.1007/978-1-137-08599-3

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David\u2019s blog: macromarketmusings.blogspot.com
David\u2019s Twitter: @DavidBeckworth