How has monetary policy helped in nurturing a sluggish recovery? What expectations should the public have for the role of monetary policy in the future? How do Federal Reserve decision-makers confront or cope with uncertainty when designing and implementing monetary policy?
Charles Plosser, former president of the Federal Reserve Bank of Philadelphia and University of Chicago alumnus, explored these questions and offer insights in a candid discussion with Lars Peter Hansen, Becker Friedman Institute director held at the University Club in downtown Chicago. An audience of about 160 guests turned out for the talk and took advantage of the opportunity to ask questions about economic issues.
The institute gratefully acknowledges generous support for this event provided by gifts from Donald R. Wilson Jr., AB'88, and Edward R. Allen III, PhD'92.
About Cocktails and Conversations
This series aims to spark thoughtful, evidence-based discussions about some of the most complex economic and policy issues we face today. The institute brings top economists to downtown Chicago to give informal talks on issues central to our daily lives. These events offer an opportunity for the business community, students, alumni, and other individuals to meet, mingle, and discuss such issues with some of the world's most distinguished economists.