Selgin on Bernanke
Some of you have probably already seen Roger Lowenstein's overly laudatory, but still useful and interesting, article on Ben Bernanke in the March 2012 Atlantic. As a good antidote, you should check out George Selgin's thorough and informed critique of Bernanke's first of four lectures on the Federal Reserve. Bernake seemingly unreflectively repeats many gross myths about the history of banking. Although these myths are widely believed by mainstream economists who who are abysmally ignorant of history, Bernanke has specialized in monetary history and should really know better.
comments powered by Disqus
- Middle Tenn. State President Wants to Strip Confederate General’s Name From Building
- Trump will get more GOP primary votes than anyone in history (because more people are voting)
- Labour Party suspends former Mayor of London for implying Hitler supported Zionism
- At Virginia home of President Monroe, a sizable revision of history
- Thirty Years After Chernobyl, Debate Rages About Nuclear Power
- The Unconference Movement Grows – And Historians Are Taking the Lead
- New appeal to "Bring Back Military History"
- Former secretary of state Henry Kissinger discusses his controversial career
- Annette Gordon-Reed subjects herself to Reddit, the “anything-goes” social media website
- Historian Nick Turse says the Pentagon has blacklisted him for making multiple FOIA requests