Stiglitz & Greenwald: Alan Greenspan Was No Genius, He Was Irrelevant |
| April 11, 2012 | April 2012 Bond Updates |
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In a panel on debt and financial instability, Nobel laureate Joseph Stigitz and co-author Bruce Greenwald blasted monetary policy, considering it inefficient in the face of the current balance sheet recession. Talking along with the Bank of International Settlements’ Claudio Borio, both Columbia University economists also spend some time bashing former Fed chief Alan Greenspan, calling him “irrelevant.” |
| View more at: http://www.forbes.com/sites/afontevecchia/2012/04/11/stiglitz-greenwald-alan-greenspan-was-no-genius-he-was-irrelevant/ |
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