Global Excess Liquidity?
National Review Strikes Again!

Views on the Greenspan Succession

Tim Annett takes a poll of economists:

Tim Annett: Economists were divided on the question of whom they would prefer succeed Mr. Greenspan, who is expected to retire from the Fed early next year. Ben Bernanke, a former Fed governor and current chairman of President Bush's Council of Economic Advisors, drew the support of 30% of the economists, while Martin Feldstein, president of the National Bureau of Economic Research, and Fed governor Donald Kohn each received the backing of 15% of the group. Former White House economic advisor and Columbia University professor Glenn Hubbard and Clinton administration Treasury Secretary Robert Rubin each were selected by 11% of the group...

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