The Roots of Quantitative Easing

Fed Chairman Ben Bernanke says that government leaders can learn a lot from how Davey Johnson manages the Washington Nationals baseball team [bold added]:

Davey fully appreciates the importance of making decisions based on factual evidence and rigorous analysis. He strikes the right balance between relying on the tangible (data) and the intangible (confidence and motivation) and shows the rare ability of being able to make the right trade-off between winning the day's game and motivating a player who will help the team win in the long run.

Davey Johnson is a lot like Ben Bernanke, n'est-ce-pas?



Dr. Bernanke's fascination with baseball goes back to his childhood. Blogger Dan Mitchell has unearthed a rare video that shows Baby Ben working on his throwing motion.

Your Pulitzer is waiting, Dan.