The Texas Ascendant Economics Project is a plan to develop the best thinking about economics. We must understand the affect of the Federal Reserve upon the American and the Texas economies. An op-ed essay in the January 29, 2013 Wall Street Journal is important to read and understand. The article is "Fed Policy is a Drag on the Economy" by John B. Taylor. Dr. Taylor is an economics professor at Stanford. Here is his web page (http://www.johnbtaylor.com/) and his blog (http://johnbtaylorsblog.blogspot.com/).
This post is part of the Texas Ascendant Economics Project.
Robert
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