It wasn't until after I started reading Paul Krugman's column that I came to understand that Fed Chairman aren't good Economists. They are more like senior exec

It wasn't until after I started reading Paul Krugman's column that I came to understand that Fed Chairman aren't good Economists. They are more like senior executives who are more concerned about company politics and image. It's just the nature of the job. A great Economist, with a deep understanding of the complex forces shaping economics, just isn't the same guy as the one who goes to a bunch of meetings and issues a bunch of reports. As technical people reading this blog, we really shouldn't be surprised to hear this.