Bernanke back in the classroom

Fed Chairman Bernanke is back in the classroom giving four lectures on the history of the Fed at George Washington University. This seems like an odd activity given the strong cross-currents in monetary policy at this time. Let reporters or academic economists ask the questions.

What the news has reported are his comments that the Fed was not the cause of the hosting crisis. True, they may not have been the main reason, but lose monetary policy, the Greenspan put was a contributor. Still, this is an interesting series of lectures that provide the historical context for the behavior of Chairman Bernanke.