But you would also find a sizable group of economists who thought the Fed could and should do far more than it was doing. This group, known as doves, tilts liberal, though it includes conservatives as well. If anything, it can probably claim a larger number of big-name economists — J. Bradford DeLong, Paul Krugman (an Op-Ed columnist for The New York Times), Christina D. Romer, Scott Sumner and Mark Thoma, among others — than the camp that believes the Fed has done too much.Seems like he's taking a poll, and then calculating some weighted average to come up with a conclusion, with the weights determined by numbers of blog-readers.
Sunday, August 28, 2011
This comes from Dissecting the Mind of the Fed, by David Leonhardt, in the Sunday NYT: