Dual Mandate

There is a lot I disagree with in Senator Corker's FT op-ed calling for an elimination of the dual mandate, but I found the part where he valorizes the Bank of England and ECB to be the most wrongheaded. The Eurozone and Great Britain are both doing terribly economically. In both cases this is largely due to their inadequate monetary policies. If we want to look to other central bank's as a way to improve our own we should be looking to those in countries that have for the most part avoided the worst of the recession--Canada, Sweden, and Israel.