Warsh's Uphill Battle: Proving His Own Worth

Joseph Calhoun of Alhambra Investments has made some unexpected observations about Kevin Warsh's recent performance. In a speech, Warsh was faced with a choice between changing his mind and proving that there is no need to do so.

Calhoun notes that people often get busy with the proof instead of admitting when they are wrong. This suggests that Warsh may be trying to prove himself rather than being open to new ideas.