Frederic Mishkin
Frederic Mishkin
Frederic Stanley "Rick" Mishkinis an American economist and Alfred Lerner professor of Banking and Financial Institutions at the Graduate School of Business, Columbia University. He was a member of the Board of Governors of the Federal Reserve System from 2006 to 2008...
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Ben has been very clear that controlling inflation is the primary long-term goal of the Fed. And he has the credibility to do that.
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This is not somebody who is full of himself or has to show he's the smartest guy in the room.
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It's irrelevant what somebody's politics are. It just matters whether they would be a good central banker.
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The common law system in which the law is continually reinterpreted by judges ends up protecting property rights far more than others and makes it easier to enforce restrictive covenants.
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There has been an evolution in his thinking. . . . He is much more aware of the subtleties of making this work in the American political process. He is not an egghead academic who doesn't get it. He knows how to learn and operate in the real world.