Tyler Cowen links to a discussion of the Fed and its role in fiscal policy.
I have argued in the past that policy makers dealing with the current set of issues before they can say anything should be required to read both F. A. Hayek's A Tiger By the Tail and James Buchanan and Richard Wagner's Democracy in Deficit. Reading Tyler's post this morning simply reinforces that message as we prepare for 2010 and beyond.
Hi, very good web site. Thank you.
Posted by: ambulans | January 11, 2010 at 07:38 PM