Cato Institute 25th Annual Monetary Conference

Monetary Arrangements in the 21st Century




Wednesday, November 14, 2007
F.A. Hayek Auditorium
Cato Institute
8:00 a.m. – 5:00 p.m.


Featured Speakers


Ben Bernanke
Chairman,
Federal Reserve Board
Yi Gang
Assistant Governor,
People’s Bank of China
Miranda Xafa
Executive Board, IMF
Eddie Yue
Deputy Chief Executive,
Hong Kong Monetary
Authority
Antonio Martino
Professor of Economics,
University of Rome, Luiss,
and Member of
Italian Parliament

Cato’s 25th Annual Monetary Conference will focus on money and freedom—in particular, the risks inherent in a government fiat money regime—and consider monetary and exchange‐​rate regimes that may emerge in the search for stable money. In addition to the dollar, yen, and euro, special attention will be placed on the future of the renminbi as China becomes the world’s largest economy.

The following issues will be discussed

  • Can the Fed make the dollar as good as gold?

  • Will the IMF’s new surveillance decision improve “external stability?”

  • Is a global currency feasible?

  • What is the future of the renminbi as a regional and global currency?
  • What monetary and exchange‐​rate institutions best protect individual freedom?

Please join our distinguished speakers on November 14 at the Cato Institute to discuss the future of the global monetary system and reforms that can better protect the property rights people have in a sound currency. Register by October 12 to ensure your place at this important event and to take advantage of the early registration fee.

Space is limited.



Registration for this event is closed.

Conference Schedule

8:00 – 9:00 a.m. Registration — F. A. Hayek Auditorium Foyer

9:00 – 9:10 a.m. Welcoming Remarks — F. A. Hayek Auditorium James A. Dorn
Vice President for Academic Affairs, Cato Institute

9:10 – 10:00 a.m. Keynote Address
Ben S. Bernanke
Chairman, Board of Governors, Federal Reserve System

Download a Podcast of the Welcoming Remarks and Keynote Address (MP3)

10:00 – 11:00 a.m. Panel 1: The Future of the Renminbi

Download a Podcast of Panel 1 (MP3)

Moderator: Zanny Minton Beddoes
U.S. Economics Editor, The Economist

Eddie Yue
Deputy Chief Executive, Hong Kong Monetary Authority

John Greenwood
Chief Economist, Amvescap

Fred Hu
Managing Director, Goldman Sachs (Asia)

11:15 a.m. – 12:30 p.m. Panel 2: Monetary Stability, Exchange Rate Regimes, and Capital Controls: What Have We Learned?

Download a Podcast of Panel 2 (MP3)

Moderator: Mickey D. Levy
Chief Economist, Bank of America

Arnold Harberger
Professor of Economics, UCLA

Miranda Xafa
Executive Board, International Monetary Fund

Marvin Goodfriend
Professor of Economics, Carnegie Mellon University

Surjit S. Bhalla
Managing Director, Oxus Research

12:30 – 1:30 p.m. Luncheon — Wintergarden

1:30 – 2:15 p.m. Luncheon Address — F. A. Hayek Auditorium

Download a Podcast of the Luncheon Address (MP3)

Yi Gang
Assistant Governor, People’s Bank of China

2:15 – 3:30 p.m. Panel 3: Remembering Milton Friedman: Money and Freedom

Download a Podcast of Panel 3 (MP3)

Moderator: William A. Niskanen
Chairman, Cato Institute

Anna J. Schwartz
Research Associate, National Bureau of Economic Research

George Selgin
Professor of Economics, University of Georgia

Steve H. Hanke
Professor of Applied Economics, Johns Hopkins University

Richard H. Timberlake
Professor of Economics Emeritus, University of Georgia

3:45 – 4:15 p.m. Closing Address

Download a Podcast of Closing Remarks (MP3)

Antonio Martino
Professor of Economics, University of Rome, Luiss, and Member of Italian Parliament

4:15 – 5:00 p.m. Reception — Wintergarden