Current Financial Crisis - Jeff Hummel et al

A bit more technical is David's and my Briefing Paper on "Greenspan's
Monetary Policy in Retrospect: Discretion or Rules?", published by the
Cato Institute. You can find it attached, or you can go to a link at:

http://www.cato.org/pub_display.php?pub_id=9756.

George Selgin posted a critique on the Mises Institute blog:
http://mises.org/story/3200. David Henderson and I then cross-posted at
Liberty & Power (http://hnn.us/blogs/entries/57562.html) and EconLog
(http://econlog.econlib.org/archives/2008/12/our_response_to.html) our
detailed reply to Selgin's critique.

I've also posted on the current financial crisis at the Liberty & Power
blog. The three most important are:
"Paradoxes of Paying Interest on Reserves"
http://hnn.us/blogs/entries/58090.html
"Causes of the Crisis" http://hnn.us/blogs/entries/56772.html
"Recent Fed Machinations" http://hnn.us/blogs/entries/56095.html

Other related posts of mine are:
http://hnn.us/blogs/entries/49791.html
http://hnn.us/blogs/entries/53544.html
http://hnn.us/blogs/entries/55083.html
http://hnn.us/blogs/entries/55621.html
http://hnn.us/blogs/entries/56004.html
http://hnn.us/blogs/entries/56184.html
http://hnn.us/blogs/entries/58464.html
http://hnn.us/blogs/entries/59123.html

I will be continuing to post at Liberty & Power:
http://hnn.us/blogs/4.html?id=1721.



*********
Jeffrey Rogers Hummel
Department of Economics
San Jose State University
P.O. Box 4644
Walnut Creek, CA 94596
(925) 926-0807
jhummel@gguol.ggu.edu