Re: [Pen-l] Statements that don't look good in hindsight

To: Progressive Economics <pen-l@xxxxxxxxxxxxxxxxxx>
Subject: Re: [Pen-l] Statements that don't look good in hindsight
From: Jim Devine <jdevine03@xxxxxxxxx>
Date: Fri, 6 Mar 2009 12:36:13 -0800
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he's the Maestro!

On Fri, Mar 6, 2009 at 12:06 PM, Doug Henwood <dhenwood@xxxxxxxxx> 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,
> 2004_______________________________________________
> pen-l mailing list
> pen-l@xxxxxxxxxxxxxxxxxx
> https://lists.csuchico.edu/mailman/listinfo/pen-l
>



-- 
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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References:
- [Pen-l] Statements that don't look good in hindsight
  - From: Max Sawicky
- Re: [Pen-l] Statements that don't look good in hindsight
  - From: Doug Henwood

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Thread context:
- [Pen-l] new radio product, Doug Henwood Fri 06 Mar 2009, 22:05 GMT
- [Pen-l] fresh punditry, Doug Henwood Fri 06 Mar 2009, 19:46 GMT
- [Pen-l] Statements that don't look good in hindsight, Max Sawicky Fri 06 Mar 2009, 19:10 GMT
  - Re: [Pen-l] Statements that don't look good in hindsight, Doug Henwood Fri 06 Mar 2009, 19:38 GMT
    - Re: [Pen-l] Statements that don't look good in hindsight, Jim Devine Fri 06 Mar 2009, 20:07 GMT
    - Re: [Pen-l] Statements that don't look good in hindsight, raghu Fri 06 Mar 2009, 20:48 GMT
      
      Re: [Pen-l] Statements that don't look good in hindsight, Eugene Coyle Fri 06 Mar 2009, 23:37 GMT
      
      Re: [Pen-l] Statements that don't look good in hindsight, Sandwichman Sat 07 Mar 2009, 16:12 GMT
      
      Re: [Pen-l] Statements that don't look good in hindsight, Jim Devine Sat 07 Mar 2009, 16:24 GMT

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