Greenspan’s Glasnost
James K. Galbraith
A chapter in Unbearable Cost, 2006, pp 126-128 from Palgrave Macmillan
Abstract:
Abstract There they were, the high priests of the American Economics Association, a score of old men lined up at the head table like the Politburo atop Lenin’s tomb, with the same bad haircuts, black horn-rims and blank expressions. Speaking before this geriatric welcoming committee last week, Alan Greenspan managed to imitate the early Mikhail Gorbachev with surprising flair. I listened and was amazed.
Keywords: Interest Rate; Federal Reserve; Real Interest Rate; Nominal Interest Rate; Reserve Policy (search for similar items in EconPapers)
Date: 2006
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-23672-1_36
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DOI: 10.1057/9780230236721_36
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