Inflationists in wolves’ clothing

posted by
October 6, 2011
Ludwig von Mises Institute
by Robert P. Murphy  
Posted in Commentary

"For some time now I have been warning my Austrian readers of the inflationist threat coming, not from the Keynesian camp, but from otherwise free-market Chicago School economists. Some of the leaders in this 'quasi-monetarist' or 'market-monetarist' school are Scott Sumner, Bill Woolsey, David Beckworth, and Lars Christensen. Their basic position is that we are in a severe economic slump because Ben Bernanke has been too tight with monetary policy the past three years." (10/06/11)  

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