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Thorvald Grung Moe on the Life of Marriner Eccles and His Lasting Macroeconomic Legacy

Macro Musings with David Beckworth

Release Date: 09/28/2020

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Thorvald Grung Moe is a 30 year veteran is of the Norges Bank, the central bank of Norway, and has also worked in the Norwegian Ministry of Finance, the World Bank, and the IMF. Thorvald joins Macro Musings to talk about Marriner Eccles and a paper he has written on him title, *Marriner Eccles in the 1950 Treasury-Federal Reserve Accord: Lessons for Central Bankers.* David and Thorvald specifically discuss Eccles’ views on countercyclical monetary policy and government finance, his role in reforming and centralizing the Fed, and the many other lessons that can be learned from his life, particularly in the realm of macroeconomics.

 

Transcript for the episode can be found here: https://www.mercatus.org/bridge/tags/macro-musings

 

Thorvald’s Twitter: @finstab

Thorvald’s Levy Economics Institute profile: http://www.levyinstitute.org/scholars/thorvald-grung-moe

 

Related Links:

 

*Marriner S. Eccles and the 1951 Treasury – Federal Reserve Accord: Lessons for Central Bank Independence* by Thorvald Grung Moe

http://www.levyinstitute.org/pubs/wp_747.pdf

 

David’s Twitter: @DavidBeckworth

David’s blog: http://macromarketmusings.blogspot.com/