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01.29.2009 12:16 pm

Economists say stimulus won’t work

St. Louis Post-Dispatch

Even as an $819 billion economic stimulus bill moves forward in Congress, about 200 economists have signed an advertisement saying that it won’t work. The ad, funded by the Cato Institute, starts out with a quote from Barack Obama saying that “there is…

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12.09.2008 9:49 am

Regional Feds’ authority “usurped,” Poole says

St. Louis Post-Dispatch

Bloomberg has a good analysis today of how the Federal Reserve Board’s emergency actions have diminished the authority of regional Federal Reserve Bank presidents. The strongest criticism comes from Bill Poole, who held the regional presidency in St. Louis until he retired earlier…

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