Steve Miller and I have a question on the latest Kauffman econ bloggers’ survey.  Namely:

Taking into account its entire history, do you think the Federal Reserve has done more harm than good?

Survey says:

fed.jpg

All things considered, this is an amazingly anti-Fed result.  Kauffman participants span a wide range of political views, and status quo bias is a powerful force.  Nevertheless, the median respondent isn’t convinced that the Fed has been a net benefit.  And it’s been around for almost a century now!  If you’ve got even a mild moral presumption against government action, this ambivalence is especially telling.

P.S. In other news, my SRtHMK podcast with Russ Roberts is now up.