by Thomas Sowell. Now that the federal government is playing an ever larger role in the economy, a look at Washington’s track record seems to be long overdue. The release of the Federal Reserve Board’s transcripts of its deliberations back in 2007 shows that their economic prophecies were way off. How much faith should we put in their prophecies ... MOREThe Federal Reserve: Promises vs Track Record
by Thomas Sowell. Now that the federal government is playing an ever larger role in the economy, a look at Washington’s track record seems to be long overdue. The release of the Federal Reserve Board’s transcripts of its deliberations back in 2007 shows that their economic prophecies were way off. How much faith should we put in their prophecies ... MORE