From WSJopinion: The quarrel over Judy Shelton’s nomination confirms why her intellectual diversity is needed at the Fed
Judy Shelton finally gets her day in the Senate on Thursday, and if anyone has a coherent argument for denying her confirmation to a seat on the Federal Reserve Board of Governors we haven’t heard it. The caterwauling over her nomination confirms why her intellectual diversity is needed at the Fed.
Ms. Shelton, a long-time contributor to these pages, was bound to be controversial after a career challenging conventional monetary wisdom. Opposition to her nomination has congealed into two complaints. One is that Ms. Shelton...
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