Hassett Wants To Be Fed Chair. That Is What’s So Dangerous
In his classic book Lombard Street, 19th century financial writer Walter Bagehot observed that due to the unwarranted prestige attached to central banks, posts within tend “to be desired by vain men, by lazy men, by men of rank.” President Trump, or those close to Trump, would be wise to heed Bagehot’s words as they […]
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