- © Richard S. Grossman and Unsettled Account, 2010-13. Unauthorized use and/or duplication of this material without express and written permission from Richard S. Grossman is strictly prohibited. Excerpts and links may be used, provided that full and clear credit is given to Richard S. Grossman and Unsettled Account with appropriate and specific direction to the original content.
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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 Alan Greenspan, Ben Bernanke, Federal Reserve, John Taylor, Paul Volcker
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 George H. W. Bush, George W. Bush, Jimmy Carter, John Cogan, John Taylor, Paul Volcker, Ronald Reagan
1 Comment
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
Posted in financial regulation, government budget
Tagged Angus Maddison, Dodd-Frank, John Taylor
16 Comments
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 budget, George W. Bush, Great Depression, Great Recession, John Taylor, Medicaid
3 Comments