John Plender, on 9 January in the Financial Times (FT Money), made favourable reference to some of my earlier work. I have suggested that central bank efforts to restore the functioning of financial markets during crises, while absolutely necessary, might also sow the seeds of still bigger crises in the future. As a society, we need to think more about the longer term implications of our efforts to avoid shorter term problems.
https://www.ft.com/content/91efe8fa-857c-438a-a0f3-96dfb8e7daaa