Andrew Haldane
December 22, 2009
Bernanke Comments on the "Doom Loop." But Does He Get It?
Senator David Vitter submitted one of my questions to Federal Reserve Chairman Ben Bernanke, as part of his reconfirmation hearings, and received the following reply in writing (as already published in the WSJ online): READ MORE >>
December 01, 2009
Feudal Lords of Finance
In some influential circles, these questions are now asked: What’s wrong with high levels of inequality in general, and with having very rich bankers in particular? After all, human societies have survived the presence of extremely wealthy individuals in the past--in fact, some now argue, the presence of such a “new aristocracy” can finance growth and spur innovation. This argument is deeply flawed along three dimensions. READ MORE >>
November 17, 2009
