Thursday, September 24, 2026
The featured image to the left is a very rough caricature of Fed Chairman Kevin Warsh, ready to fight inflation. The actual Kevin Warsh is much better looking and far more astute. I picked the caveman to symbolize the coarse nature of the Fed’s economic policy that lacks the very specific finesse and authority required for its monetary policy to be effective – assuming that fighting inflation is really something we want the Fed to be doing.
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.