, Columnist
Why We're Still Arguing Whether QE Worked
It's hard to know what works in economics. But policy experiments in the states offer some clues.
Easy, by comparison.
Photographer: Dean Mouhtaropoulos/Getty ImagesThis article is for subscribers only.
How many times have you heard someone say that the Federal Reserve's asset-purchase program known as quantitative easing was ineffective?
At least, that's what I keep hearing from the usual pundits arguing their case on television and in print.