Chairman Bernanke agrees with Friedman that the Federal Reserve is largely to blame for the Great Depression, but he draws a different lesson from the central bank’s disastrous mistake. That difference helps explain Bernanke’s eagerness for the Fed to play a larger role in centrally planning the U.S. economy.
- Ben Bernanke,
- Milton Friedman,
- Federal Reserve,
- Central Planner
Available at: http://works.bepress.com/jeffrey_hummel/3/