The Central Bank of the Future

Today's show is a bonus episode, giving a glimpse of an important project that's underway. The Bill and Melinda Gates Foundation have funded an initiative to think through the future of central banks and how they will, and should, advance the goal of financial inclusion. To lead the work, the foundation selected two leading thinkers in the space. Michael Barr is the Dean of the Gerald R. Ford School of Public Policy at the University of Michigan. He was previously Assistant Secretary of the Treasury for Financial Institutions, in addition to being a law professor (I'll link in the show notes to our earlier episode with him). Adrienne Harris is a professor at the Ford School and a former (give her old title in Obama White House). They have teamed up to undertake a deep reimagining of central banks, decades and even a half century out.