A shiny new Think Tank full of Experts
Published by Human Head on Monday, September 17, 2007 at 8:58 PM.Amongst the many articles that caught my eye today, while reading the coverage on Greenspan's coming out party where he largely blames Bush and the Republicans for all of our economic ills, there was the following at the very bottom of one of the Financial Times articles--
FT.com / World / US & Canada - Fed treads a fine line between perils
Here's a bit about the Director of the Institute...
Dallas Fed Announces Leadership and Staff of Globalization and Monetary Policy Institute - News Release 9-17-07 - FRB Dallas
So all you fellow freedom-loving capitalists, go out there and buy some more stuff, stay vigilant for terrorists, and please continue ignoring the fifth plank (and all of the other planks, for that matter) of Marx's manifesto.
FT.com / World / US & Canada - Fed treads a fine line between perils
The Dallas Fed on Monday unveiled its new Globalisation and Monetary Policy Institute. Its advisory board includes Charles Bean, chief economist at the Bank of England, and Otmar Issing, former chief economist at the European Central Bank.It should be noted that Issing is very, very recently "former".
Here's a bit about the Director of the Institute...
Dallas Fed Announces Leadership and Staff of Globalization and Monetary Policy Institute - News Release 9-17-07 - FRB Dallas
Mark A. Wynne joined the Dallas Fed in 1989 and most recently held the position of senior economist and vice president. He is widely published in many leading professional journals. During 1997–98, Wynne worked on issues related to monetary policy strategy under economic and monetary union for the European Monetary Institute and, later, the European Central Bank. He holds first-class honors B.A. and M.A. degrees from the National University of Ireland (University College, Dublin) and an M.A. and a Ph.D. from the University of Rochester. He is a member of the academic board of the Open Republic Institute in Dublin.But why worry about all that? The Fed and it's counterparts are private institutions, after all. Just businessmen doing business like businessmen do as they help guide us through the stormy seas of globalization which is "inevitable". Of course it's inevitable. The television informs us of this constantly.
So all you fellow freedom-loving capitalists, go out there and buy some more stuff, stay vigilant for terrorists, and please continue ignoring the fifth plank (and all of the other planks, for that matter) of Marx's manifesto.
