I agree more with Chait. Antiwar lefties were against doing anything about Bosnia.
The old rules still apply (What the rest of the profession could learn from Ben Bernanke) by Scott Sumner
I agree more with Sumner and Yglesias than with the supposed lefties who say "loose monetary policy" helps bondholders.
"A key factor behind the Russian aggression is that Putin is strongly determined to make the February revolution in Ukraine a failure. For the second time in less than ten years, Ukrainians have mobilised to oppose corrupt and authoritarian governments. There is a strong determination among a large majority of Ukrainians to live under democratic institutions of high quality, similar to those in the West."
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