Every year the Hoover Institution gathers leading academics, central bank authorities, and financial experts to explore new research and developments in monetary policy. Presenters, who reflect widely varying and often disparate views, share and critique research projects. Moderators bring other perspectives to light by encouraging in-depth discussion periods following each presentation. The direct, big-picture conversations that result are rare in academic conferences, earning the event a strong audience among economics reporters, central bankers, and the financial community.