This is a sign of how Fed doves, whose denial of the facts is such that they must be clinically insane, value opposing points of view.
A shake-up in the top ranks of the Federal Reserve Bank of Minneapolis is prompting sharp questions about whether the bank is straying from the collegial tradition that built its reputation for world-class economic research.
Two high-profile economists who differed philosophically with President Narayana Kocherlakota have been shown the door in recent weeks, while the research director was moved to a different position.
via Shakeup at Minneapolis Fed ousts two top economists | Star Tribune.
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