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Monetary Policy Quote of the Day 10 Jan 2010 | 02:27 pm
Scott Sumner on the efficacy of monetary policy even when the policy interest rate hit zero: Zero rates don’t really make monetary policy more difficult, they make interest rate-oriented monetary poli...
Bernanke Goes for the KO and Misses 10 Jan 2010 | 02:24 pm
Ben Bernanke came out swinging today throwing some hard punches at those critics who say the Fed's monetary policy was too accommodative in the early-to-mid 2000s. He does so by throwing the following...
A Note to Ryan Avent, Paul Krugman, and Arnold Kling 10 Jan 2010 | 02:22 pm
Do not underestimate the impact of the Fed's low interest rate policies in the early-to-mid 2000s. While there are many stories told as to how the low federal funds rate at this time contributed to th...
John Taylor Responds to Bernanke's Speech 10 Jan 2010 | 02:21 pm
It is good to see John Taylor pushing back against Bernanke's defense of the Fed's low interest rate policies in the early-to-mid 2000s: Jan. 5 (Bloomberg) -- John Taylor, creator of the so-called Tay...
John Cassidy on the Greenspan Put 10 Jan 2010 | 02:18 pm
John Cassidy shows no mercy in critiquing Bernanke's defense of the Fed's low-interest rate policies in the early-to-mid 2000s and more generally the Fed's asymmetric response to swings in asset price...
Purpose. 10 Jan 2010 | 02:18 pm
It's that little flame...that lights a fire under your ass. (Avenue Q soundtrack) I have this terrible fear that once I graduate from college, I will not remember all of the wonderful things I have l...
Health Economics. 10 Jan 2010 | 02:17 pm
As I sat in Pendleton Atrium reading about the difference in death rates for white males vs. black males for heart disease, lung cancer and DIABETES, I finished an entire box of Girl Scout Caramel Del...
Kegs and Keynes. 10 Jan 2010 | 02:17 pm
We went out to celebrate Chand's belated birthday last night. Apparently, I talk about public policy and falafel when I am inebriated. I was trying to tell one of Parag's friends about how raising ta...
Fair Inequality. 10 Jan 2010 | 02:16 pm
In the midst of the current macro-economic crisis, I have come across many angry people. Yes, modern finance is flawed, but what are the alternatives? [a question that Obama and his team will have to ...
The Blame Game. 10 Jan 2010 | 02:15 pm
TIME magazine picked the top 25 people to blame for the financial crisis. Of course Alan Greenspan is on the list, as are former Presidents Clinton and W. Bush. Phil Gramm took first place. Bush is ...
