compelling article

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Norm "racerhawk" Parker
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Posts: 825

compelling article Jan 4, 2009 9:38:33 GMT -6

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Post by Norm "racerhawk" Parker on Jan 4, 2009 9:38:33 GMT -6

This guy was chided for being the lone voice against the Alan Greenspan Love Fest a few years ago at the Jackson Hole conference. Here's his paper. It's long, but has some really compelling thoughts (of course we have the luxury of the "retrospectoscope").

www.kc.frb.org/publicat/sympos/2005/PDF/Rajan2005.pdf

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