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Brad Bateman wrote: "I have felt for many years that we need a version of 
Peter Hall's (edited) collection, _The Political Power of Economic Ideas: 
Keynesianism Across Nations_, which is (for the most part) a set of country 
case studies of how demand management was (was not) adopted in several 
industrialized nations. This is why I had suggested an "international" 
group; I was thinking of a study of when and why monetarism had been 
adopted 
in different countries and when why it was abandoned in its formulation as 
a 
theory of macro-policy by monetary aggregate targeting ... I do think that 
it might be easier to get funding for a study group focused on your number 
four. And the high quality of the Hall volume is due, in part, to the fact 
that they had the funding to bring all the  contributors together more than 
once to refine and focus the papers (and to invite additional contributions 
as their value became more clear, if I remember correctly)." 
 
Brad's comments are spot on (my other three items are not so much in need 
of 
conference funding).  There are economists within the Reserve Bank of 
Australia (including the Governor), the Bank of Canada, the Bank of England 
and the Richmond Federal Reserve who have an interest in the interaction 
between academic ideas and the policy market place.  Why don't we establish 
a Steering Committee with a proposed conference and a planned conference 
volume? We could then suggest that these banks (plus others) might like to 
jointly fund the conference. Milton Friedman opened the 2000 Bank of Canada 
conference on the float of the Canadian dollar by video, and he would I 
imagine 
be willing to do the same for this conference. 
 
Two nominations for this Steering Committee jump immediately to mind. 
 
Robert Leeson 
Murdoch University 
 
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