What Bernanke Did

Tags: The Fed, Free Markets

09/21/2013 Peter G. Klein

Peter G. Klein presents a Misesian commentary on Federal Reserve chairman Ben Bernanke’s recent decision against tapering the Fed’s ongoing quantitative easing scheme. Klein is the Mises Institute’s Executive Director and Carl Menger Research Fellow.

The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.

Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.