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hoover daily report
The Hoover Institution’s library and tower will be closed on Tuesday morning, February 14, 2012, due to electrical work. The Hoover archives will be open during the process. The library and tower will reopen at 11:30 am on February 14, 2012. We apologize for any inconvenience.
May 15, 2008 | Financial Times
news » hoover daily report

Troubled by bubbles: Central bankers re-examine the hands-off approach

John B. Taylor (George P. Shultz Senior Fellow in Economics; Chair, Working Group on Economic Policy; and member of the Task Force on Energy Policy) is quoted

In the aftermath of the dotcom crash in 2002, Alan Greenspan famously argued that central banks had little power to stop bubbles inflating and then bursting...