January 25, 2010
Why do economists criticize the Fed so little?
Steve Hanke in the National Post:
Chairman Bernanke’s denial of the Fed’s culpability raises an interesting question: How can the Fed make fantastic claims without being brought to account?
In search of an answer Steve cites Milton Friedman, Gordon Tullock, and kindly my work on the Fed's influence on research in monetary economics, which is available here.
Posted by Lawrence H. White at 11:14 AM in
Economics