Hoisted from July 3, 2008: Optimal Control

Hoisted from July 3, 2008 Optimal Control: Was the Federal Reserve too volatile and hair-trigger? Or was the ECB too sluggish?:

Grasping Reality with Both Hands The Semi Daily Journal Economist Brad DeLong

#hoistedfromthearchives #monetarypolicy

Grasping Reality on TypePad, by Brad DeLong