Category Archives: Federal Reserve

MONETARY MISTAKES & GLOBAL SAVINGS/INVESTMENT MISTAKES TOGETHER CREATED THE ARTIFICIAL BOOM

The kindergartener-style responsibility shirking of current and former Federal Reserve officials doesn’t pass the sniff test — and it doesn’t stand up to empirical study, either. What is more, there is also the issue of just how much of the … Continue reading

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QUESTIONS FOR BEN BERNANKE FROM DAVID BECKWORTH

On the housing bubble and Bernanke’s Global Saving Glut Hypothesis.

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A NATION OF LAWS OR A NATION OF CENTRAL BANKERS?

Larry White is just asking. (pdf)

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WHO’S YOUR DADDY?

Why have macroeconomists maintained a narrow intellectual consensus in the face of massive, widely publicized intellectual failure?

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“THE TRIUMPH OF HAYEK”

Ruchir Sharma on the public turn against the Fed. Quotable: monetary activism suffers from the same fundamental flaw as Keynesianism, in that it protects inefficient players instead of injecting renewed vigor into the economy. In a telling statement of the … Continue reading

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FED = FAIL

100 years of the Federal Reserve — an assessment (pdf).

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