The Fed and Lehman Brothers: Setting the Record Straight on a Financial Disaster

Ball, Laurence M.: - Laurence M. Ball is Professor of Economics at The Johns Hopkins University. He has previously worked as a Visiting Scholar at the Board of Governors of the Federal Reserve, foreign central banks including the Bank of England and Bank of Japan, and at the International Monetary Fund. His current research topics include the long-term damage from the Great Recession and the case for raising central banks' inflation targets to four percent.