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Monthly Archives: March 2012
Ben Bernanke is a much better economist than John Taylor
Writing in Thursday’s Wall Street Journal, John Taylor takes the Federal Reserve to task for its “interventionist” behavior. Taylor’s main complaint with the Fed’s conduct of monetary policy is that it is unstable and unpredictable (verging on the whimsical!). He … Continue reading
Posted in Financial Crisis, monetary policy
Tagged Alan Greenspan, Ben Bernanke, Federal Reserve, John Taylor, Paul Volcker
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