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How do you get 23 economists to agree? Criticize Bernanke.

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Kevin Lamarque / Reuters / File

(Read caption) In this April 20 file photo, Federal Reserve Board Chairman Ben Bernanke waits before testifying at a House Financial Services Committee hearing on Capitol Hill in Washington. Dr. Bernanke received an open letter from 23 financial minds to criticize the recent round of quantitative easing (QE2).

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Today, an open letter to Fed Chair Ben Bernanke appeared via the Wall Street Journal questioning the wisdom of the Fed’s round two of quantitative easing. It’s signed by 23 economists, financial writers, fund managers and others, including, to name just a few…

* Richard X. Bove of Rochdale Securities
* Jim Chanos of Kynikos Associates
* Niall Ferguson of Harvard University
* James Grant of Grant’s Interest Rate Observer
* Seth Klarman of Baupost Group
* David Malpass of GroPac
* John B. Taylor of Stanford University


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