Wednesday, January 23, 2013

Everyone hates TARP and the stimulus. Alan Blinder thinks everyone’s wrong.

Everyone hates TARP and the stimulus. Alan Blinder thinks everyone’s wrong. "Alan Blinder is the Gordon S. Rentschler Memorial Professor of Economics and Public Affairs at the Princeton Department of Economics, and served both on President Clinton’s Council of Economic Advisors (1993-94) and as vice chairman of the Federal Reserve Board of Governors (1994-96). His new book, a history of the financial crisis called After the Music Stopped, is out tomorrow. We talked on the phone Friday; a lightly edited transcript follows."

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