Thursday, February 14, 2013

Fed Policy is a Drag on the Economy

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 ( and his blog (

This post is part of the Texas Ascendant Economics Project.


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