2008-03-31barrons.com

Auerbach contends in his book that Greenspan's invisible Ph.D. thesis is symbolic of a career marked by prevarication, cover-ups and a general aversion to making the Fed more publicly accountable. He calls on Congress to "bring the Fed into the Democracy" because "unelected Fed decision makers should not decide what the public should know about how they are running the central bank."



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