Elizabeth Warren Smackdown

Courtesy of Natasha Sarin and Larry Summers. One of the best of Larry's recent op-eds.

Memo to Senate: Just Say No

A couple of weeks ago, I gave a talk at the Federal Reserve Bank of Dallas. I said that, although I am not a fan of President Trump, I have to give him credit for making good appointments to the Fed. I was thinking about people like Jay Powell, Rich Clarida, and Randy Quarles.

Then today the president nominates Stephen Moore to be a Fed governor. Steve is a perfectly amiable guy, but he does not have the intellectual gravitas for this important job. If you doubt it, read his latest book Trumponomics (or my review of it).

It is time for Senators to do their job. Mr. Moore should not be confirmed.

Reflections of a Textbook Author

Click here to read my most recent essay.

Updates: David Henderson and Tim Taylor comment on the piece. And someone starts a reddit discussion of it.

Passing the Baton

Former ec 10 students might be interested in hearing this news.