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
- Voting opens soon for the leaders of the OAH in 2017
- A team of science historians are attempting to re-create recipes from sixteenth-century alchemy texts
- David Kennedy recalls his dinners with President Obama
- When Kellie Jones Wanted To Study Black Art History, The Field Didn’t Exist. So She Created It Herself.
- Michael Honey: The 60’s activist turned historian