William Greider

William Greider on Auditing the Federal Reserve

William Greider, who wrote the definitive book on the Federal Reserve, Secrets of the Temple: How the Federal Reserve Runs the Country, has a new article in The Nation magazine, Dismantling the Temple .

It's quite long, goes over some of the history of the Federal Reserve but I want to point out Greider's 6 reasons why the Federal Reserve should not be made systemic risk regulator.

  1. It would reward failure.

The Nation, Greider on Gomory, Dem Policy

This is a very critical article, written in April, 2007 The Establishment Rethinks Globalization. by William Greider. It covers Gomory and the attempts to interject sanity into US trade policy.

Gomory's critique has great political potential because it provides what the opponents of corporate-led globalization have generally lacked: a comprehensive intellectual platform for arguing that the US approach to globalization must be transformed to defend the national interest. Still, it will take politicians of courage to embrace his ideas and act on them. Gomory's political solutions are as heretical as his economic analysis