Reply To: Great Moderation

#17193
gborrego1991
Member

Thank you, Mr. Herbener. I did some research and found this interview with George Selgin on the Federal Reserve (http://www.econtalk.org/archives/2010/12/selgin_on_the_f.html)

He mentions the Great Moderation around the 45:00 mark. He uses your argument as a probable cause, along with others.

There is also this article by Selgin, and Lawrence White which also mentions the “Great Moderation”. http://www.cato.org/pubs/researchnotes/WorkingPaper-2.pdf