On Oct 7, 2006, at 5:37 PM, Michael Perelman wrote:
I had always assumed that Ben Bernanke was a moderate economist until he was appointed to be a governor at the Fed. Even as Bush's chief economist, he never seemed to descend to the hackdom of Mankiw or Hubbard. Now, he seems to have swallowed the Kool-Aid, picking up the theme of the Social Security Crisis.
That's not Kool-Aid material, Michael - it's totally orthodox and mainstream. Poll the AEA and you'd probably get 90% agreement. Doug
