A Reader's Reaction to:
Show Me The Money by Aaron S. Edlin and Dwight M. Jaffee.

Summary

It is hubris to propose that current economic knowledge allows central bankers to adequately fine tune excess reserves via price incentives; instead quantitative lending directives are needed, according to Robin Pope.

Recommended Citation

Pope, Robin E. (2009) "Comment on Sumner, Edlin, and Dasgupta: Quantitative Lending Directives are Needed," The Economists' Voice: Vol. 6 : Iss. 5, Article 5.
DOI: 10.2202/1553-3832.1602
Available at: http://www.bepress.com/ev/vol6/iss5/art5