Hands-off financial policies, far from stabilising markets, have so disrupted them that governments have had to intervene to prop them up.The financial crisis in the United States may have been contained, Princeton University economist Paul Krugman has suggested — cautiously — in a recent article.If that turns out to be true, Krugman, rightly, gives credit to the chairman of the US Federal Reserve bank, Dr Ben Bernanke.Bernanke can be shown to have acted decisively and aggressively. …
