Review of Ben Bernanke’s Fed – The Federal Reserve after Greenspan

Ethan Harris, Ben Bernanke's Fed - The Federal Reserve after Greenspan, Harvard Business Press, 256 pages

We are currently suffering from both economic stagnation and financial turmoil. Unless this is assumed to be satisfactory, it follows that either the power of central banks to influence the economy is limited or that they have made serious, though not necessarily avoidable, errors. Ethan Harris's book, which is aimed at a general rather than a professional audience, does not consider the lim

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