http://delong.typepa...401a73dc0c930970d

As I look back, I see that my serious errors of judgment were only secondarily about the state of the economy. They were primarily and overwhelmingly about senior Bernanke-Geithner Federal Reserve and Obama-Geithner policymakers and (a) how they viewed the economy and (b) what policies they would pursue.

My errors were:

[...]


A good read.

Cheers,
Scott.