Welcome to Econ Talk, part of the Library of Economics and Liberty.

I'm your host Russ Roberts of George Mason University and Stanford University's Hoover

Institution.

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My guest today is Tyler Cowan, my colleague here at George Mason University.

Tyler blogs with Alex Tabrock at marginalrevolution.com and is the author of most recently, Discover

Your Inner Economist, a subject of a previous podcast.

Tyler, welcome back to e-con talk.

Thanks for having me back.

Tyler, our topic today is money, monetary policy, the supply of money.

It's a mysterious part of the economic universe for most of us.

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