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Jon Hartley and George Tavlas discuss George’s career as an economist, including as a central banker at the Bank of Greece, the history of monetarism (including George’s new book, The Monetarists), Milton Friedman, and the evolution of central banking over the past decades, including its decline since the 1980s, and its renewed post-pandemic interest. Pick up a copy of "The Monetarists" by George Tavlas today: https://www.hoover.org/research/monet... ABOUT THE PODCAST Capitalism and Freedom in the 21st Century is a video podcast series, and the official podcast of the Hoover Economic Policy Working Group, that focuses on getting into the weeds of economics, finance, and public policy on important current topics through one-on-one interviews. Host Jon Hartley asks guests about their main ideas and contributions to academic research and policy. The podcast is titled after Milton Friedman‘s famous 1962 bestselling book, Capitalism and Freedom, which after 60 years, remains prescient from its focus on various topics which are now at the forefront of economic debates, such as monetary policy and inflation, fiscal policy, occupational licensing, education vouchers, income share agreements, the distribution of income, and negative income taxes, among many other topics. For more information about the podcast, visit: https://www.hoover.org/podcast/capita... __________ The opinions expressed on this channel are those of the authors and do not necessarily reflect the opinions of the Hoover Institution or Stanford University. © 2025 by the Board of Trustees of Leland Stanford Junior University. 🔔 Subscribe for more discussions: @HooverInstitution 👍 Like and share this video! 🌐 Follow us on social media: • Facebook: / hooverinststanford • LinkedIn: / hoover-institution-at-stanford-university • Instagram: / hooverinstitution • TikTok: / hooverinstitution • X: / hooverinst