Archive for Gerald P. O'Driscoll Jr.
Gerald P. O’Driscoll is a senior fellow at the Cato Institute and was formerly a vice president at the Dallas Fed and later at Citibank. He is coauthor with Mario J. Rizzo of The Economics of Time and Ignorance (1996).
Greenspan Should Be Shocked by Risky Lending?
Toward the end of his tenure as Fed chairman in early 2006, Alan Greenspan was the object of praise edging at times into adulation. It came from some unlikely sources. Milton Friedman penned an encomium for Greenspan in the pages of the Wall Street Journal titled, “The Greenspan Story: He Has Set a Standard.” After [...]
2Mar2009 | Gerald P. O'Driscoll Jr. | 0 comments | ContinuedSubprime Monetary Policy
Gerald O’Driscoll is a senior fellow at the Cato Institute and was formerly vice president and economic adviser at the Federal Reserve Bank of Dallas. The comments of Brian Wesbury, William Long, and Maralene Martin are gratefully acknowledged. Parts of this article appeared in the author’s August 10 Wall Street Journal op-ed, “Our Subprime Fed.”
In [...]




