That would be the world's central bankers who are convened at their annual meeting in Jackson Hole, Wyoming. Four years ago this same group had a Greenspan retrospective in which they debated whether Alan Greenspan was the greatest central banker of all time. It might have been worth noting the track record of this group -- the people most responsible for the current economic crisis -- when the NYT gives us their assessment of the world economy. It might also have been worth noting the greatest claim to fame of Frederick Mishkin, a former Fed governor cited in the article. Mr. Mishkin wrote an analysis of Iceland's economy in 2006 assuring the world that it was thriving.
--Dean Baker
