Is the Fed Hampering the Recovery?

In his blog post on “Calvinist Monetary Economics,” Paul Krugman claims that a recent Wall Street Journal op-ed by John Taylor on why he believes the Fed is hampering the recovery by keeping interest rates low falls into the “Calvinball” category. Writes Krugman: For those who don’t read the classics, Calvinball is a sport in [...] View the full post at: Is the Fed Hampering the Recovery? Related posts: Paul Krugman Sees No Signs of ‘V-Shaped’ Economic Recovery Global Economy to Face Further Slowdown Before Recovery Economic Recovery or Not – in Pictures