Here is an opportunity for students, scholars, and policymakers trying to make sense of the U.S.’ money woes to articulate in a short essay their ideas and policy prescriptions as to what caused our financial crisis and how best to avert the occurrence of such an event in the future.
Key questions stare at us: should we be tampering with interest rates in order to increase or decrease our money supply?; What are the consequences of such efforts?; Are there ways to predict inflation?; Should we use the gold standard as a more reliable way of determining money supply?
Tell us what you think. Deadline is November 24th, 2009. For essay contest rules and submission information, click here.
On another note, Cato is sponsoring a big monetary conference on November 19th, 2009. The theme of the conference is “Restoring Global Financial Stability.”
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