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10.20.2009 3:13 pm

Volcker was good; Greenspan was just lucky

St. Louis Post-Dispatch

At last week’s St. Louis Federal Reserve Bank economic policy conference, economist Jesús Fernández-Villaverde presented an interesting challenge to conventional Federal Reserve history. Conventional wisdom holds that the Fed chairmen of the 1960s and 1970s, such as Arthur Burns and G.…

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