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Comment on Sumner, Edlin, and Dasgupta: Quantitative Lending Directives are Needed
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Robin E. Pope
Published/Copyright:
May 8, 2009
It is hubris to propose that current economic knowledge allows central bankers to adequately fine tune excess reserves via price incentives; instead quantitative lending directives are needed, according to Robin Pope.
Published Online: 2009-5-8
©2011 Walter de Gruyter GmbH & Co. KG, Berlin/Boston
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Articles in the same Issue
- Column
- The Elephant in the Room: Coping with the Long-Term Problem of Medicare Costs
- Now Is the Right Time to Regulate Bankers' Pay
- Getting Serious about Job Creation: Part I
- Spring Is Here, but Contain Your Excitement
- Letter
- Comment on Edlin and Jaffee: Show Me the General Theory
- Comment on Sumner, Edlin, and Dasgupta: Quantitative Lending Directives are Needed
