George Selgin
| George Selgin | |
|---|---|
| Born | 1957 |
| Nationality | American |
| Institution | The Cato Institute |
| Field | Macroeconomics, Monetary theory and Banking theory, Monetary history |
| School or tradition |
Free Banking |
| Alma mater |
New York University (PhD) 1986 Drew University (B.A.) 1979 |
| Influences | Friedrich Hayek |
| Influenced | David Beckworth |
| Information at IDEAS / RePEc | |
George Selgin (/ˈsɛldʒɪn/; born 1957) is the Director of the Cato Institute's Center for Monetary and Financial Alternatives, where he is editor-in-chief of the Center's blog, Alt-M, Professor Emeritus of economics at the Terry College of Business at the University of Georgia, and an associate editor of Econ Journal Watch. Selgin formerly taught at George Mason University, the University of Hong Kong, and West Virginia University.
Selgin's principal research areas are monetary and banking theory, monetary history, and macroeconomics. He is one of the founders, along with Kevin Dowd and Lawrence H. White, of the Modern Free Banking School, which draws its inspiration from the writings of Friedrich Hayek on denationalization of money and choice in currency. A central claim of the Free Banking School is that the effects of government intervention in monetary systems cannot be properly appreciated except with reference to a theory of monetary laissez-faire, analogous to the theory of free trade that informs the modern understanding of the effects of tariffs and other trade barriers. The free bankers argue that, viewed in light of such a theory, financial crises and business cycles are largely attributable to misguided government interference with freely-evolved and competitive monetary arrangements, including legislation granting central banks exclusive rights to issue paper currency.
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