The View From 1776
Tuesday, January 06, 2009
Ducking The Blame, Or Ignorance?
Treasury Secretary Paulson perpetuates Keynesian mythology.
Read Treasury’s Paulson Gets It Wrong on the Forbes Magazine website.
As I wrote in Fed in Denial (May 22, 2008):
The Federal Reserve Board doggedly sticks to its conclusion that the problem is what Chairman Bernanke calls a