I am not terribly surprised that Greenspan has not been helpful ---- according to my lights of helpful --- on fiscal policy. For Alan Greenspan is three-faced. He is:A child of the '90s, I thought that #1 was really #1, and forgot that the other two were at least as important to him, if not more. I'll not make that mistake again.The Greenspan we saw for the most part in the 1990s was the superb monetary technocrat ...
- The superb monetary policy technocrat
- The Randite --- the long-time disciple of Ayn Rand --- who believes that in a good society government spending would be less than 5% of GDP.
- The Republican team player.
More pages ...
▼
09 March 2005
Aha
Alan Greenspan has been confusing the heck out of me by publicly endorsing Bush administration madness. Brad DeLong explains what's going on.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.