Free to Speak

I disagree with many of the claims and proposals made by Critical Race Theorists. But the best way to challenge it are with public debt. Hiding it away violates our constitutional protection of free speech and will not be successful in exposing its errors. I remember being surprised and enlightened by reading “Black Like Me” years ago. It recounts the experiences of a white man who had turned his skin black traveling in the South as a black man (or as a negro as polite people said in those days). Did the shock harm me? Hardly. The lack of challenges to our ideas turns us to mush. https://wapo.st/3sYWltz

Happily, some, like FIRE, are fighting back. One excellent presentation of the value and importance of free speech and of civilly speaking up to defend what we believe and to listening to what others believe by the producers of earlier “Free to Choose” series, can be seen on PBS starting Oct 1. “Free to Speak” I urge you to watch it.

Author: Warren Coats

I specialize in advising central banks on monetary policy and the development of the capacity to formulate and implement monetary policy. I joined the International Monetary Fund in 1975 from which I retired in 2003 as Assistant Director of the Monetary and Financial Systems Department. While at the IMF I led or participated in missions to the central banks of over twenty countries (including Afghanistan, Bosnia, Croatia, Egypt, Iraq, Israel, Kazakhstan, Kenya, Kosovo, Kyrgystan, Moldova, Serbia, Turkey, West Bank and Gaza Strip, and Zimbabwe) and was seconded as a visiting economist to the Board of Governors of the Federal Reserve System (1979-80), and to the World Bank's World Development Report team in 1989. After retirement from the IMF I was a member of the Board of the Cayman Islands Monetary Authority from 2003-10 and of the editorial board of the Cayman Financial Review from 2010-2017. Prior to joining the IMF I was Assistant Prof of Economics at UVa from 1970-75. I am currently a fellow of Johns Hopkins Krieger School of Arts and Sciences, Institute for Applied Economics, Global Health, and the Study of Business Enterprise. In March 2019 Central Banking Journal awarded me for my “Outstanding Contribution for Capacity Building.” My recent books are One Currency for Bosnia: Creating the Central Bank of Bosnia and Herzegovina; My Travels in the Former Soviet Union; My Travels to Afghanistan; My Travels to Jerusalem; and My Travels to Baghdad. I have a BA in Economics from the UC Berkeley and a PhD in Economics from the University of Chicago. My dissertation committee was chaired by Milton Friedman and included Robert J. Gordon. I live in National Landing Va 22202 View all posts by Warren Coats