Thursday, November 4, 2010

An excellent example of clear writing about economic policy

Photo source: Wikimedia Commons/U.S. Federal Reserve
Ben Bernanke, the Chairman of the Federal Reserve Board of Governors, wrote an op-ed in today's Washington Post.   The topic is the Federal Reserve's decision to buy $600 billion of Treasury bonds in hopes of stimulating the sluggish economy.

His piece is a model of clear and concise writing on economic policy--a topic that is subjected all too often to muddled prose. He avoids buzzwords and highly technical jargon, offers straightforward justifications, and effectively addresses counterarguments.

None of us knows whether the Fed's move will work. But we can at least take a bit of inspiration from the clear writing of its Chairman.

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