With the Pols
8 May 2012 at 2:52 pm Peter G. Klein 4 comments
| Peter Klein |
Two years ago I was in D.C. on Hayek-Klein day and found myself on an elevator with Ben Bernanke, upon which I persuaded him to sing me a few bars of Happy Birthday. True story. This year I was in D.C. again, this time to give an organizational economist’s perspective on the Federal Reserve System to the House Financial Services Committee’s Subcommittee on Domestic Monetary Policy and Technology. You can read my written testimony here and see the oral remarks at C-SPAN which has archived the event.
That’s Jeff Herbener to my right and John Taylor to my left, with Jamie Galbraith by Taylor. The one on the end is not Yoda, but Alice Rivlin.
Because the hearing was televised, I can truthfully say, “I’m not a macroeconomist, but I play one on TV.”
Entry filed under: - Klein -, Austrian Economics, Bailout / Financial Crisis, Classical Liberalism, Financial Markets, Institutions, Public Policy / Political Economy.
Organizations and Markets 
1. Happy birthday Peter Klein, F A Hayek and Joe Agassi at Catallaxy Files | 8 May 2012 at 5:26 pm
[…] is Peter Klein in Washington pretending to be a […]
2.
David Hoopes | 9 May 2012 at 11:10 am
Great job. I think you presented the case quite well. I enjoyed reading it too.
3.
John L. Chapman | 10 May 2012 at 9:49 am
Awesome, Peter! Congrats! We need to talk asap about the PE paper btw …I have not touched it but am prepared to….!
4.
Peter Lewin | 18 May 2012 at 6:41 pm
Great job Peter! Herbener’s comments contained a number of fallacies, among which is that a fiduciary issuing bank has no incentive to limit its output of currency. Could it be that he has never read White or Selgin?