Janet Yellen’s Nemesis – The Great Moderation … New Fed Chairwoman Janet Yellen has a great task ahead of her. How to combat the results of the Great Moderation, as it was called, that period of low inflation with moderate economic growth that prevailed from 1985 to 2007, according to Paul Krugman. But why, when lots of jobs were created, particularly the 22 million jobs created during Clinton’s presidency? – Huffington Post
Dominant Social Theme: The cause of the Great Recession was too much freedom and free markets. Prosperity depends on reregulating the economy.
Free-Market Analysis: Whoops! Harlan Green is a good writer and sophisticated thinker, but his grounding is seemingly Keynesian; thus, this article, which appeared recently in the Huffington Post, drills down to unearth a rich vein of neo-socialist claptrap.
Who is Mr. Green?
Harlan Green has been the 11-year Editor-Publisher of PopularEconomics.com, a weekly syndicated financial wire service that publishes up to 3 weekly columns under the headings: Popular Economics Weekly, Financial FAQs, and The Mortgage Corner.
His mission is to enhance the popular understanding of economic issues. He also publishes the Popular Economics Weekly Blog. Harlan writes a weekly financial column for the Santa Barbara News-Press, is an economic forecaster and teacher of real estate finance. He has a 30-year record of success as a banker and mortgage banker.