George A. Selgin

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Senior Affiliated Scholar
George Selgin is a Senior Affiliated Scholar at the Mercatus Center at George Mason University, a senior fellow and director of the Center for Monetary and Financial Alternatives at the Cato Institute and Professor Emeritus of Economics at the University of Georgia. His research covers a broad range of topics within the field of monetary economics, including monetary history, macroeconomic theory, and the history of monetary thought. He is the author of The Theory of Free Banking (Rowman & Littlefield, 1988); Bank Deregulation and Monetary Order (Routledge, 1996); Less Than Zero: The Case for a Falling Price Level in a Growing Economy (The Institute of Economic Affairs, 1997); Good Money: Birmingham Button Makers, the Royal Mint, and the Beginnings of Modern Coinage (University of Michigan Press, 2008); and, most recently, Money: Free and Unfree (Cato Institute, 2016).
Selgin 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 F. A. Hayek on denationalization of money and choice in currency. Selgin has written for numerous scholarly journals, including the British Numismatic Journal; the Economic Journal; the Economic History Review; the Journal of Economic Literature; and the Journal of Money, Credit, and Banking; and for popular outlets such as the Christian Science Monitor, the Financial Times, and the Wall Street Journal, among others.
Selgin retired from the University of Georgia to join Cato in September 2014. He has also taught at George Mason University, the University of Hong Kong, and West Virginia University. He holds a BA in economics and zoology from Drew University, and a PhD in economics from New York University.
Latest Work
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
Round Two: What Role Should the Federal Reserve Play in Developing a Faster Payments System?

- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
Round One: What Role Should the Federal Reserve Play in Developing a Faster Payments System?

- | Monetary Policy Monetary Policy
- | Mercatus Original Podcasts Mercatus Original Podcasts
- | Macro Musings Macro Musings
Floors and Corridors

- | Monetary Policy Monetary Policy
- | Mercatus Original Podcasts Mercatus Original Podcasts
- | Macro Musings Macro Musings
George Selgin on the Fed’s Balance Sheet

- | Monetary Policy Monetary Policy
- | Mercatus Original Podcasts Mercatus Original Podcasts
- | Macro Musings Macro Musings
George Selgin on Reforming Open Market Operations and Normalizing Fed Policy

- | Low Interest Rates and the Economy: A Mercatus Colloquium Low Interest Rates and the Economy: A Mercatus Colloquium
- | Monetary Policy Monetary Policy
- | Research Papers Research Papers
Fiscal and Economic Implications of Higher Interest Rates
- | Monetary Policy Monetary Policy
- | Mercatus Original Podcasts Mercatus Original Podcasts
- | Macro Musings Macro Musings
George Selgin on the Productivity Norm, Deflation, and Monetary History

- | F. A. Hayek Program F. A. Hayek Program
- | Financial Markets Financial Markets
- | Journal Articles Journal Articles
Has the Fed Been a Failure?
- | F. A. Hayek Program F. A. Hayek Program
- | Journal Articles Journal Articles
Credible Currency
- | F. A. Hayek Program F. A. Hayek Program
- | Book Chapters Book Chapters
Mengerian Perspectives on the Future of Money

Latest Work
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
Round Two: What Role Should the Federal Reserve Play in Developing a Faster Payments System?

- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
Round One: What Role Should the Federal Reserve Play in Developing a Faster Payments System?

- | Monetary Policy Monetary Policy
- | Mercatus Original Podcasts Mercatus Original Podcasts
- | Macro Musings Macro Musings
Floors and Corridors

- | Monetary Policy Monetary Policy
- | Mercatus Original Podcasts Mercatus Original Podcasts
- | Macro Musings Macro Musings
George Selgin on the Fed’s Balance Sheet

- | Monetary Policy Monetary Policy
- | Mercatus Original Podcasts Mercatus Original Podcasts
- | Macro Musings Macro Musings
George Selgin on Reforming Open Market Operations and Normalizing Fed Policy

- | Low Interest Rates and the Economy: A Mercatus Colloquium Low Interest Rates and the Economy: A Mercatus Colloquium
- | Monetary Policy Monetary Policy
- | Research Papers Research Papers
Fiscal and Economic Implications of Higher Interest Rates
- | Monetary Policy Monetary Policy
- | Mercatus Original Podcasts Mercatus Original Podcasts
- | Macro Musings Macro Musings
George Selgin on the Productivity Norm, Deflation, and Monetary History

- | F. A. Hayek Program F. A. Hayek Program
- | Financial Markets Financial Markets
- | Journal Articles Journal Articles
Has the Fed Been a Failure?
- | F. A. Hayek Program F. A. Hayek Program
- | Journal Articles Journal Articles
Credible Currency
- | F. A. Hayek Program F. A. Hayek Program
- | Book Chapters Book Chapters
Mengerian Perspectives on the Future of Money
