Crafting More Effective Stimulus Legislation, Part 2: The Impotence of Monetary Policy

Ben Bernanke, 14th Chairman of the Federal Reserve

Ben Bernanke, 14th Chairman of the Federal Reserve

Thursday, August 9, 2012

The really great thing about writing your own blog is the boldness of it, the way you can say things – talk about big, important ideas that other people, professional politicians in this case, and their advisors, have spent all matter of time thinking about – as if you really know what you’re talking about. I love it, and I do. …Actually, I’m nowhere nearly as confident as what I write sometimes sounds. My primary objective is to get our elected representatives and their challengers thinking, to open up their minds and focus on solving problems rather than just bickering about them. If I make some headway toward that end, then I did good and “The Next Contestant” wasn’t a waste of time.

Continue reading