Amending John Maynard Keynes

Zuckerman, Mortimer B.
April 1994
U.S. News & World Report;4/18/94, Vol. 116 Issue 15, p80
Editorial. Discusses the cost to America's consumers and businesses of the sharp rise in long-term interest rates that must be endured because of the miscalculations of the Federal Reserve Board. The Fed's rationale for its recent moves; Mistakes made; Misjudged impact of inflationary fears; Delphic utterances of Fed Chairman Alan Greenspan; How Clinton administration should choose candidates for the Fed; Quote by economist John Maynard Keynes.


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