03
Jan
2014
A Tribute to Ben Bernanke
This contains a technically true but very misleading narrative, making me now doubt the Rudolph Record. (HT2 Greg Mankiw)
This contains a technically true but very misleading narrative, making me now doubt the Rudolph Record. (HT2 Greg Mankiw)
It’s not even technically true. How did Ron Paul cut Bernanke out of policy? If anything, it was the opposite.
Ideas are more powerful than guns, Mr. Henderson.
Ron Paul’s ideas are more powerful than Ron Paul. He succeeded in putting the Fed in a completely different light in mainstream discourse.
Just because Ron Paul is out of politics, and just because Bernanke remained in politics, it doesn’t mean Bernanke won and Paul lost, unless of course you’ve convinced yourself that political victories are more important than intellectual ones.