Tag Archive 'Japan'

A Brilliant Couplet

One need not share Arnold Klings view on the particular issue. However, I think one must appreciate the cleverness of his rhetoric.
One view of the Japanese stimulus (or multiple stimuli) is that it (they) failed because it was (they were) too small. Just as the reason that in World War I all British attacks prior [...]

What should the Fed have done?

Reader ChrisB asks in response to yesterdays link to Anna Schwartz’s comment on the Federal Reserve:
In retrospect, what should the fed have done differently?
Risk and Return is really about implications for investment policy, and thus identifying which factors have implications is key. Pumping for particular policy choices really isn’t our role. Still, in identifying what [...]