The Right Coast

Editor: Thomas A. Smith
University of San Diego
School of Law

Friday, August 9, 2019

The Econ Establishment Teams Up To Denounce Judy Shelton | Mises Wire

How can a dozen, slightly less than a dozen, people meeting eight times a year, decide what the cost of capital should be versus some kind of organically, market supply determined rate? The Fed is not omniscient. They don’t know what the right rate should be. How could anyone?

via mises.org

That's just shocking. She should be sent away to the gulag.

https://rightcoast.typepad.com/rightcoast/2019/08/the-econ-establishment-teams-up-to-denounce-judy-shelton-mises-wire.html

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