
Paul Krugman, Laureate of the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2008 at a press conference at the Swedish Academy of Science in Stockholm (Photo credit: Wikipedia)
This is a brilliant, MUST-READ article from Nobel Prize winning economist, Joe Stiglitz, published in the NYT. Check it out!
Why Janet Yellen, Not Larry Summers, Should Lead the Fed – NYTimes.com.
Personally, I endorse Joe Stiglitz’s view. I was surprised to see the other day that another Nobel Prize winning economist, Paul Krugman was assuming that Larry Summers was the increasingly favored candidate.
Whilst I respect Larry Summers intellectually, he comes across to me as smug and conceited; accordingly, I would worry about his style in a consensus building role.
I sense that if Janet Yellon wins then the financial markets will hit the stratosphere.
Any thoughts?
Related articles
- Larry Summers vs. Janet Yellen (marginalrevolution.com)
- Yes, the wrong, wrong, wrong Larry Summers is still a bad choice for chairman of the Federal Reserve (dailykos.com)
- Yellen/Summers and the Twilight of the VSPs – Paul Krugman – NYTimes.com (dralfoldman.com)
- Tweedle Dum vs. Tweedle Dee; Does Janet Yellen Have What It Takes? (americanbulwark.com)
- Right now, Larry Summers is the front-runner for Fed chair (washingtonpost.com)
- The media’s disgraceful acquiescence to Larry Summers’ White House boosters | Dean Baker (theguardian.com)
- The Next Fed Chair? Not Larry Summers. (mhasegawa.com)
- Handy comparison chart: Janet Yellen vs. Larry Summers (dailykos.com)
- Former Senior White House Official On Larry Summers Nomination: ‘It Really Does Need To Be Stopped’ (huffingtonpost.com)
- Anonymous Sources Working Hard to Make Larry Summers Fed Chair (cepr.net)