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Reply #55: These were all policies initiated by Carter and his inflation Czar. [View All]

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Cary Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-31-10 12:15 PM
Response to Reply #51
55. These were all policies initiated by Carter and his inflation Czar.
His inflation Czar was an MIT economist named Alfred Kahn.

I'm not knocking Carter. That was the economic thought of the day and it was most probably the correct way to deal with inflation. Alfred Kahn was my favorite economics professor's favorite economic professor and he spoke to us at the University of Illinois in 1982. He wasn't all that enamored with Reagan's intellect either, but that's another story.

Simply Google "Carter deregulation" and you will find a lot of entries.
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