Alan's stock answers

[michael at ecst.csuchico.edu]

I will not get to read anymore in the book till I finish with finals.
> 
> So what's Mayer's thesis? Which economists' writings encouraged the bad
> policies? Which bad policies?
> 
> 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
> > 
> 

-- 
Michael Perelman
Economics Department
California State University
Chico, CA 95929

Tel. 530-898-5321
E-Mail michael at ecst.csuchico.edu