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Huffington Post - Priceless: How the FED bought the Economics Profession

The Federal Reserve, through its extensive network of consultants, visiting scholars, alumni and staff economists, so thoroughly dominates the field of economics that real criticism of the central bank has become a career liability for members of the... Full Article at Daily Paul

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  1. Ryan Grim shows how the Federal Reserve has bought the academic economists: The Huffington Post reviewed the mastheads of the American Journal of Economics, the Journal of Economic Perspectives, Journal of Economic Literature, the American Economic... Full Article at Vox Popoli

  2. About 11 months ago, the Bush Administration saw a financial tsunami headed its way. The Great Housing Bubble - built upon easy credit engineered by the then Federal Reserve Chairman Alan Greenspan - had popped. Full Article at HumanEvents.com

  3. Taking a break from toiling away doing short columns and shorter blog posts, the Novel Laureate economist has a big, honkin' NYT Magazine piece about how the economics profession lost its way. Full Article at Clusterstock

  4. B en Bernanke, whose four-year term as the head of the U.S. central bank ends on January 31, will be nominated for a second term, a senior Obama administration official said on Monday. Full Article at Globe and Mail

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  1. The Gate building, 2nd left, of Dubai International Financial Center, DIFC, remains closed today due to Eid al-Adha holidays in Dubai, United Arab Emirates, Saturday, Nov. 28, 2009.
  2. NEW YORK - NOVEMBER 18:  (L-R) Wall Street financier Steven Rattner and managing editor of Fortune Magazine Andy Serwer attend the FORTUNE Breakfast and Conversation with Steven Rattner at Time & Life Building on November 18, 2009 in New York City.
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  4. NEW YORK - NOVEMBER 16:  A woman walks by as a New York City Police emergency vehicle idles on Wall Street on November 16, 2009 in New York City.
  5. NEW YORK - NOVEMBER 10:  Actress Heather Matarazzo attends The 2009 Emery Awards and 30th Anniversary of the Hetrick-Martin Institute at Cipriani, Wall Street on November 10, 2009 in New York City.
  6. Former chairman of the Federal Reserve Board, Alan Greenspan speaks about the economy at the Council on Foreign Relations in  New York October 15, 2009. Greenspan said he was not too worried about the latest bout of selling in the U.S. dollar, which recently hit a 14-month low.
  7. WASHINGTON - MAY 12:  Former Chairman of the Federal Reserve Board Alan Greenspan speaks to attendees of a real estate summit hosted by the National Association of Realtors on May 12, 2009 in Washington, DC. The summit, titled 'Advancing the US Economy' also featured FDIC Chair Sheila Bair.
  8. Former chairman of the US Federal Reserve Alan Greenspan and wife NBC news woman Andrea Mitchell arrive for the 2009 White House Correspondents Dinner on May 9, 2009 at the Washington Hilton in Washington, DC.
  9. CHICAGO - APRIL 08:  Former Chairman of the Federal Reserve Board of Governors Alan Greenspan takes questions following a speech to the annual Healthcare Information and Management Systems Society conference at McCormick Place April 8, 2009 in Chicago, Illinois.

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