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| Adam Posen on the MPC |
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| Written by Giles Wilkes |
| Tuesday, 16 June 2009 10:20 |
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The MPC has replaced Tim Besley with Adam Posen (hat tip to David Smith). Posen is a name familiar to me from debates about the plight of Japan since 1990: Krugman mentions him favourably in this regard, and seems to use his name when he wants to criticise the US government taking half-measures to fix the financial crisis. Posen is apparently a fan of fiscal action during a depression, though Tyler Cowen can find alternative explanations for how government spending worked for Japan. This will be interesting - I look forward to his first speech in the new role. |
| Last Updated ( Tuesday, 16 June 2009 10:27 ) |



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