Bernanke on Healthcare

Ben gives a talk about healthcare reform.

The most surprising thing about the speech is that he chose to give it. Healthcare is not an issue that directly concerns the Federal Reserve System, and Ben has no professional expertise in health economics.

What's next? The Fed chairman examining alternative ways to resolve the conflict in Iraq? His list of the best movies of the year? A blog on which he comments on anything that pops into his head?

Ben's talk is, however, very sensible--a good overview of the issues without saying anything sufficiently interesting that it might prove controversial.