Monday, March 30, 2009

Time should be spent learning about what caused the economic problem before attempting to find a solution

John Taylor has done his homework and prepared an analysis in a new book.
clipped from www.forbes.com

He may not be delivering speeches that command world attention, but one man, Stanford economist John Taylor, has just produced an analysis of the crisis, a book entitled Getting Off Track, that proves as cogent, thorough and compelling as the Obama administration proves superficial, incomplete and unpersuasive. Taylor sums up his argument in his subtitle: How Government Actions and Interventions Caused, Prolonged and Worsened the Financial Crisis.


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