Slope of Hope Blog Posts

Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.

Giants and Pygmies

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It seems that Ben Bernanke’s term as head at the Fed is coming to an end and that he will most likely be replaced in January 2014. That brought to my mind Isaac Newton’s famous comment that ‘if I have seen further than others it is because I have stood on the shoulders of giants’. In defense of Ben Bernanke’s record at the helm of the Fed, he was standing on the shoulders of his pygmy predecessor Alan Greenspan, and perhaps he would have seemed less of a pygmy himself had he not followed one of the least farsighted and most reckless Fed Chairman in history. (more…)