Our Team

Robert L. Hetzel
Robert L. Hetzel was an economist in the Research Department at the Federal Reserve Bank of Richmond from 1975 to 2018. At the time of his retirement, Hetzel was a senior economist and research advisor.
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Working Papers
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Bank Publications
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Other Work
The Monetary Policy of the Federal Reserve: A History. Cambridge University Press, 2008.
"Milton Friedman and Liberty." Region Focus, Winter 2007.
"Remembering Milton Friedman: The Power of Markets." Richmond Times Dispatch, November 29, 2006.
"Friedman, Milton." In An Encyclopedia of Keynesian Economics, edited by Thomas Cate, 191-194. Cheltenham, UK: Edward Elgar, 1997.
"A Better Way to Fight Inflation." Wall Street Journal, April 25, 1991.
"The Political Economy of Monetary Policy." In The Political Economy of American Monetary Policy, edited by Thomas Mayer, 99-114. Cambridge Press, 1989.
The Relevance of Adam Smith. Federal Reserve Bank of Richmond, 1977.