Innocent frauds in Greenspan's last testimony

This paper engages the last testimony of the Chairman of the Federal Reserve System, Alan Greenspan, before a joint session of Congress in July 2005. It identifies nine areas we relate to the arguments of John Kenneth Galbraith, summarized in his recent contribution, The Economics of Innocent Fraud, regarding the divergence between the innocent fraud of conventional wisdom in regard to economic and accounting realities.

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Year of publication:	2006
Authors:	ARESTIS, PHILIP ; MOSLER, WARREN
Published in:	Journal of Post Keynesian Economics. - M.E. Sharpe, Inc., ISSN 0160-3477. - Vol. 28.2006, 3, p. 539-547
Publisher:	M.E. Sharpe, Inc.
Subject:	Alan Greenspan \| exchange rates \| fiscal policy \| innocent frauds \| monetary policy \| testimony

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Extent:	text/html
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005543601