Seth
> Mayer, Thomas. 1999. Monetary Policy and the Great inflation in
> the United States: the Federal Reserve and the Failure of
> Macroeconomic policy, 1965-1979 (Cheltenham, UK: Edward Elgar).
> viii Preface: "When starting out I thought that I would land up
> with a scathing criticism of the Federal Reserve. But in
> working my way through the material I began to understand why
> the Fed did what it did, and that the blame for the mistaken
> policies that it followed should be shared in large part by
> the academic economists whose writings encouraged these
> policies."
>
>
> --
>
> Michael Perelman
> Economics Department
> California State University
> michael at ecst.csuchico.edu
> Chico, CA 95929
> 530-898-5321
> fax 530-898-5901
>