The authority of Ben Bernanke

posted by
March 18, 2012
by Arnold Kling  
Posted in Commentary

"In The Atlantic, Roger Lowenstein makes the case for bowing to the authority of Ben Bernanke. This a cover story, and the cover photo of Bernanke makes him look like a serene, benevolent emperor. There is no substantive argument to justify this beatification, other than the usual 'things would have been much worse' mantra. If you didn't know better, you would think that liberal progressives take their moral stands solely on the basis of tribal loyalty and reverence for authority." (03/18/12)  

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