Decius wrote:

President Bush nominated Ben S. Bernanke, his top economic adviser, to replace Alan Greenspan as chairman of the Federal Reserve Board.

Everyone seems to be quietly pleased with this nomination. This is a relief.

Well he comes qualified, Stanford, Princeton, London School of Economics. But, economic theory is important as well. Is he a Keynesian? Milton Friedman supply-sider? Loose money? Tight money? I have seen notes about a paper by him and Alan Blinder about important parts of the monetary chain, but haven't found the paper itself.

Based on what I could find, he looks to be a solid choice to replace Emperor Palpatine, I mean Greenspan.

RE: Bush Nominates Bernanke to Succeed Greenspan as Fed Chief