Tag Archives: John Taylor

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 , , , , | 1 Comment

John Cogan and John Taylor confuse temporary and permanent

In a recently published op-ed piece in the Wall Street Journal, Stanford economists John Cogan and John Taylor argue that: “Temporary, targeted tax reductions and increases in government spending are not good economics. They have repeatedly failed to increase economic … Continue reading

Posted in government budget | Tagged , , , , , , | 1 Comment

WSJ op-ed board member: The unemployed prefer sitting on their duffs to working

Writing in today’s Wall Street Journal, WSJ op-ed board member Stephen Moore offers a variety of dubious–and at least one outrageous–opinion on the economy and eocnomic policy. (1) The economy would be in better shape today in the absence of … Continue reading

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John Taylor does not understand the word “unprecedented”

Writing in today’s Wall Street Journal, John Taylor argues that “…the best way to understand the problems confronting the American economy is to go back to the basic principles upon which the country was founded—economic freedom and political freedom.” Taylor’s … Continue reading

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John Taylor’s disingenuous op-ed

John Taylor’s op-ed in today’s Wall Street Journal bashes the White House budget proposals of February 14 and April 13 and lauds the House Republican budget proposal of April 5. I understand–or am coming to understand–that when writing for a … Continue reading

Posted in Financial Crisis | Tagged , , , , , | 3 Comments