Another Conservative Economist Goes Rogue

Carmen Reinhart is the co-author with Kenneth Rogoff of the immensely important history of financial crises, This Time It's Different . (Read it!) She's married to AEI Senior Fellow Vince Reinhart, the former senior Fed official cited in this space yesterday . If the words "free-market …

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Written by David Frum on Friday August 5, 2011

Economists vs. Economic Commentators

Vince Reinhart is a former director of the monetary division of the Federal Reserve. Now he's a senior fellow at the American Enterprise Institute. He explains in this video that the debt problem is long term, not immediate; that tax increases have to be considered part of the policy mix; and …

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Written by David Frum on Thursday August 4, 2011