Expert On the Great Depression?

This is a discussion on Expert On the Great Depression? within the General Trading Chat forums, part of the Reception category; "One of the reasons I am partial to Australians is that they are critical thinkers, not easily cowed by authority ...

Reply
 
LinkBack Thread Tools Search this Thread
Old Jan 15, 2009, 4:12pm   #1
Joined Feb 2008
Expert On the Great Depression?

"One of the reasons I am partial to Australians is that they are critical thinkers, not easily cowed by authority or conventional wisdom.

In the US, one of the reasons that Fed chair Ben Bernanke is given so much deference (aside from the fact that we treat people in positions of power with kid gloves) is that he is regarded as an expert on the Great Depression, and has also studied Japan's Lost Decade.

Steve Keen, author of Debunking Economics and professor at the University of Western Sydney, has taken a look at some of Bernanke's writings on the Great Depression and finds them wanting, Serious wanting. I've read some of Bernanke's work on Jaoan, and quite a few of his speeches, and was bothered by some of the assumptions and omissions. Keen tears into Bernanke with a gusto that I find refreshing.

This is a long excerpt from a much longer and worthwhile post (hat tip reader Tom):"

..........................................


read the rest of this amazing article here:
naked capitalism: "Bernanke an Expert on the Great Depression??"
godoftrading is offline   Reply With Quote
Reply

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Similar Threads
Thread Thread Starter Forum Replies Last Post
Following In the Footsteps of An Economic Depression? myinvestorsplace General Trading Chat 2 Feb 1, 2009 11:08pm
Another Great Depression Is Off the Table godoftrading General Trading Chat 3 Dec 17, 2008 7:18pm
the great depression! ketank Psychology, Risk & Money Management 12 Dec 15, 2004 3:40pm

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)