The mystery of Bernanke solved

posted by
February 19, 2012
by Bryan Caplan  
Posted in Commentary

"Ben Bernanke was my teacher, and a major influence on my macroeconomic thinking. When he became Fed chairman, I expected the best of him. I was sorely disappointed. His behavior as Fed chairman seemed utterly disconnected from his lectures and writing. In 2008, I kept wondering why he backed the madness of TARP instead of following his own long-standing prescriptions." (02/18/12)  

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