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I suppose that it is a very small fraction of politicians that admit their mistakes because I did not believe Greenspan did. But after some googling, I have to
by hristov 17y ago
I suppose that it is a very small fraction of politicians that admit their mistakes because I did not believe Greenspan did. But after some googling, I have to concede that you are right he did actually admit his mistakes, in a congressional hearing no less. So maybe I should not have been that harsh on him.
Although it would have been nicer if he was more cautious while he was at the FED.
Oh, and thank you for reminding me of grad school entrance exams :).