Submit a Story!
How Bernanke Staged a Revolution
How Bernanke Staged a Revolution
This chairman set out to lead as a civil servant rather than a celebrity economist. Facing a thundering financial collapse, he has reinvented the Federal Reserve. By invoking emergency powers, Ben Bernanke has drawn criticism. He has transcended usual limits on the central bank and stretched its ...
Inflation and the Fed
economistsview.typepad.com — Simon Johnson and James Kwak argue that Ben Bernanke is "radically redefining his institution," and that his... "willingness to pump money into the economy risks unleashing the most serious bout of U.S. inflation since the early 1980s, ... (more) Inflation and the Fed
The Beatification of Ben Bernanke
prospect.org — The Washington Post gave a glowingly positive account of Ben Bernanke's efforts to deal with the economic... crisis. Missing from this discussion was any mention of the fact that he deserves a large part of the blame for this crisis. Bernanke was a ... (more) The Beatification of Ben Bernanke
Johnson and Kwak vs. Bernanke
economistsview.typepad.com — Simon Johnson and James Kwak of the Baseline Scenario argue in today's Washington Post that the Fed... risks triggering an inflationary spiral despite the current gaping output gap (see also Mark Thoma's comments here). I believe that Johnson and Kwak ... (more) Johnson and Kwak vs. Bernanke
Comments
Blog Reactions

Thursday morning links
The Mess That Greenspan Made — TOP STORIES • Banks Holding Up in Tests, but May Still Need Aid - NY Times • Bank of England keeps interest rates at 0.5pc - Telegraph • How Bernanke Staged a Revolution - Wash. Post • CA Foreclosures About to Soar - Field Check Group • RBS cuts 9,000 jobs - days after boss denies staff are at risk - Guardian • Short sellers unjustly Wall Street's whipping boy - LA Times • Energy-spending cutbacks spark price-spike talk - MarketWatch • Pentagon preps for economic warfare - Politico ...

Olio, Bouillabaisse: Assorted Links
CARPE DIEM — ... 2. Read an excellent profile of Fed Chair Ben Bernanke in today's Washington Post, "How Bernanke Staged a Revolution": This chairman set out to lead as a civil servant rather than a celebrity economist. Facing a thundering financial collapse, he has reinvented the Federal Reserve. ...

Thursday links: too big to exist
Abnormal Returns — ... How Ben Bernanke has “quietly revolutionized” the Fed.  (WashingtonPost.com also ...

links for 2009-04-10
Economist's View — A black swan-free life - Free exchange More Reverse Causation - TheMoneyIllusion It Makes No Sense for States to Cut Services and Raise Taxes - Robert Reich Trade Deficit Narrows as Imports Decline Sharply - NYTimes.com Scientists pinpoint the 'edge of space' - EurekAlert What Next For Banks? - Simon Johnson - The Baseline Scenario How Bernanke Staged a Revolution - washingtonpost.com

Does The US Still Face An Emerging Market-Type Crisis?
The Baseline Scenario — ... been absorbed into official thinking (at least in the US). Is the US out of the emerging market-type woods?  Can we now rule out the possibility of a great depression?  Such a severe economic outcome is not currently our baseline view (e.g., as discussed in this NBR interview), but it is still a downside scenario that needs to be taken seriously - and, at least in our interpretation - this is also the view of Bernanke’s Fed (see our piece on Sunday and the profile in yesterday’s Washington Post.) Why is a depression ...

Bernanke's Revolution
Mish's Global Economic Trend Analysis — Inquiring minds are reading a long and glaringly misguided post by the Washington Post on How Bernanke Staged a Revolution. ...

Related: bernanke staged a revolution
Bernankes Revolution.
hf-implode.com 4/12/2009 — "Inquiring minds are reading a long and glaringly misguided post by the Washington Post on How Bernanke Staged a Revolution."
How Your Fed Sausage Gets MadeDealbreaker
The Washington Post has a long profile of Ben Bernanke today, and how the Bearded wonder "staged a revolution" by being a soft-spoken thinking man open to hearing other people's ideas, who doesn't "pound on the table screaming" or call colleagues "jerks" if they don't agree with him. According ...