Another Ron Paul Critic at the Fed: “I Know Some Powerful People”
Stephen Williamson another Fed economist from the same Fed branch, the St Louis branch where another economist, David Andolfatto, called Congressman Ron Paul a pinhead is out with a clarifying rant.
He starts his rant by telling us that:
I have worked full-time at the Minneapolis Fed (2 years), and have been a visiting academic at the Federal Reserve Banks of Richmond, Cleveland, Philadelphia, Kansas City, Atlanta, and New York. I currently spend an average of something less than one day per week at the St. Louis Fed, in my hometown, where my full-time job is at Washington University in St. Louis. My title at the St. Louis Fed is “Research Fellow,” and I have an office over there (no window unfortunately) with my name on the door. I also know some powerful people. I went to graduate school with 2 Fed Presidents, know 4 Fed Presidents well (Narayana Kocherlakota is a rather aggressive poker player; Dean Corbae is not), and am an acquaintance of Ben Bernanke’s from back in the day (e.g. we both belonged to Glenn Hubbard’s NBER group for a time).
I am not trying to boast here.
He then goes on to attack some of Ron Paul’s specific points:
And now… the rest of the story. …..
Harold
