he's the Maestro!

On Fri, Mar 6, 2009 at 12:06 PM, Doug Henwood <[email protected]> wrote:
>
> On Mar 6, 2009, at 2:39 PM, Max Sawicky wrote:
>
>> ccording to Alan Blinder and Ricardo Reis (2005), Alan Greenspan has
>> a rightful claim to be “the greatest central banker who ever lived.”
>> Indeed, by most accounts, monetary policy worked remarkably well under
>> his leadership.
>>
>> -- Greg Mankiw, "The Macroeconomist as Scientist and Engineer"
>
> <http://www.federalreserve.gov/boarddocs/speeches/2004/200405062/default.htm>
>
> "But a destabilizing contraction in nationwide house prices does not seem
> the most probable outcome. Indeed, nominal house prices in the aggregate
> have rarely fallen and certainly not by very much."
>
>  - Alan Greenspan, May 6,
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-- 
Jim Devine / "Segui il tuo corso, e lascia dir le genti." (Go your own
way and let people talk.) -- Karl, paraphrasing Dante.
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