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Alternatives to the Federal Reserve

A special issue of the Journal of Financial Stability, edited by George Selgin, has been published which examines past and present alternatives to the Federal Reserve system. Notable contributions to the the special issue include Matthew Jaremski (on clearinghouses as credit regulators), Hugh Rockoff (on Sprague and the founding of the Fed), Lawrence H. White (on returning to a commodity standard), Scott Sumner (on Nominal GDP futures targeting) and Gerald Dwyer (on Bitcoin).

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