"Money for Nothing - Inside the Federal Reserve." After
the movie was a question and answer session with one of the
documentary’s participants professor Marvin Goodfriend of CMU.
Money For Nothing: Inside The Federal Reserve
is an independent, non-partisan documentary film that examines
America’s central bank in a critical, yet balanced way. Narrated by the
acclaimed actor Liev Schreiber, and featuring interviews with Paul
Volcker, Janet Yellen, Jeremy Grantham, Allan Meltzer, Marvin
Goodfriend, and many of the world’s best financial minds, Money For Nothing is the first film ever to take viewers inside the world’s most powerful financial institution.
Marvin
Goodfriend is the Friends of Allan Meltzer Professor of Economics at
Carnegie Mellon’s Tepper School of Business where his teaching and
research focus on macroeconomic fluctuations, money and banking,
international finance, and economic development. Before coming to
Carnegie Mellon he was director of research and policy advisor at the
Federal Reserve Bank of Richmond, regularly attending meetings of the
Federal Open Market Committee at the Board of Governors of the Federal
Reserve System in Washington, DC. from 1993 to 2005. Dr. Goodfriend was a
visiting economist at the Federal Reserve Board in 1982-3. He served as
a senior staff economist for the President’s Council of Economic
Advisors at the White House in 1984-5. He was a visiting professor of
business economics at the University of Chicago’s Graduate School of
Business from September 1988 to June 1990. He has taught at the
universities of Rochester, Stanford, and Virginia. He has been a
visiting scholar at the Bank of Japan, the European Central Bank, de
Nederlandsche Bank, the Federal Reserve Board, the Institute for
International Economic Studies at the University of Stockholm, the
International Monetary Fund, the Swiss National Bank, and the Federal
Reserve Banks of Atlanta, Cleveland, Kansas City, and New York. He has
served on three-person panels to evaluate research and policy advice at
the European Central Bank, Norges Bank, the Swedish Riksbank, and the
Swiss National Bank. He has taught short courses on monetary theory and
policy in China, Germany, Japan, Korea, and Switzerland. Dr. Goodfriend
is a research associate of the National Bureau of Economic Research. He
is a member of the Economic Advisory Panel of the Federal Reserve Bank
of New York and a past member of its Monetary Policy Panel. He is an
honorary advisor of the Institute for Monetary and Economic Studies at
the Bank of Japan and a member of the Shadow Open Market Committee. Dr.
Goodfriend is coeditor of the Carnegie Rochester Conference Series on
Public Policy and has served on the editorial boards of the Journal of
Money, Credit, and Banking, the International Journal of Central
Banking, and the Journal of Monetary Economics. Dr. Goodfriend holds a
Ph.D. in economics from Brown University and a B.S. in mathematics from
Union College. October 2012
