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👋 New here? This is one of many YSI projects happening around the world, all year round. All projects are hosted by members of the YSI community. They provide an opportunity to advance your knowledge, and build research collaborations around a pressing economic issue.

Virtual Project
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Money and the Public Debt | Session 2

Reading Group

Start time:

October 31, 2023 @ 4:00 pm - 5:30 pm

Virtual Project
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EDT

Location:

Online

Type:

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YSI Presenters

Description

We have two off weeks between The Evolution of Central Banks and The Repo Market We are taking this opportunity to discuss "Money and the Public Debt: Treasury Market Liquidity as a Legal Phenomenon" by Lev Menand and Joshua Younger.

https://scholarship.law.columbia.edu/faculty_scholarship/4093/

You can listen to the authors discuss their paper on a recent episode of the Macro Musings podcast.

https://www.mercatus.org/macro-musings/lev-menand-and-josh-younger-money-and-public-debt-treasury-market-liquidity-legal

This week, we wrap up discussing sections III through VI.

  • Section III: The Turn to Secondary Markets: The Rise of the Primary Dealer System
  • Section IV: The Decline and Fall of the Primary Dealer System
  • Section V: A Money View of Treasury Market Reform
  • Section VI: Conclusion

Attendees

Alex Howlett

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