The Danger of an All-Powerful Fed or the Danger of a Central Banking: Cochrane and Cochran

08/27/2013 Mises Wire John P. Cochran

The Danger of an All-Powerful Fed or the Danger of a Central Banking: Cochrane and Cochran John H. Cochrane: The Danger of an All-Powerful Federal Reserve: ‘Macroprudential’ policy thinkers want central banks to micromanage the entire financial system. John P. Cochran: Can Fed policy get any worse? – Bernanke A Tenure of Failure Macroprudential policy is Mondustrial Policy on Steriods.

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John P. Cochran

John P. Cochran (1949-2015) was emeritus dean of the Business School and emeritus professor of economics at Metropolitan...

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