Legal Commentary

Uh oh

By Kenneth Anderson

In the category of sentences that give us pause. (From the Economist?s leader this week on oil price shocks).

A lot will depend on the skill of central bankers.

(Let me add that I have a lot of respect for central bankers, and am not among those who think they are idiots, obviously or otherwise.  I might prefer John Taylor?s policies to Ben Bernanke?s, but they are a lot smarter than I am in a discipline I barely understand. Still, speaking from the standpoint of political ignorance, I can?t say as this kind of ad hoc-ness gives me great confidence.)

Full post as published by The Volokh Conspiracy on March 07, 2011 (boomark / email).