I would be total misfit for this since finance for me is all mumbo jumbo. OTOH 
you don'f need fancy economists since they really can't do much in a system 
that either demands simple rules like financial conservatism (even leftists 
must follow this capitalist logic if serving) or can't do much because of state 
capture. I think it's a hit and miss of calibrating the interest rates to the 
particular rhythm of the economy at a particular moment, which is subject to 
exogenous factors. (The US is different from other countries  since it still 
calls much of the shots in financial matters,

Anthony DCosta            
Professor of Indian Studies
Asia Research Centre
Copenhagen Business School
Sent from my iPhone

On Jun 21, 2013, at 4:12 AM, Marv Gandall <[email protected]> wrote:

> 
> On 2013-06-20, at 1:33 PM, Julio Huato wrote:
> 
>> Jim wrote:
>> 
>>> Michael P., J. Huato, Doug H., and I would likely be too busy arguing
>>> to get anything done.
>> 
>> But that's why we have Max Sawicky.
> 
> That's what happens when you drop names too quickly. I  remembered that I had 
> forgotten M. Sawicky, S. Mage, T. Walker, M. Yates, E. Coyle, J. Bendien, and 
> A. D'Costa, and probably more than enough other capable economists on the 
> list to easily fill of all the Fed governor and regional seats.
> 
> Then again, maybe it's just a bourgeois convention that economists need head 
> central banks. Che was, after all, the first president of the National Bank 
> of Cuba installed by the victorious revolution although everyone knows he 
> thought Fidel was asking for a good communist rather than economist to take 
> the post, and I've already nominated Doug. So perhaps there's hope for us all.
> 
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