Don't know much about "Prof". Julius Bitok. My first encounter of his thoughts is a commentary he published in the Standard on Saturday (April 26, 2014) on the Draft CBK Bill 2014. He may well be a Professor of Finance, but obviously not at a prominent address (from the by-line in the commentary, that address is Cooperative University/ JKUAT - wherever that is).
It is not that the address matters if the arguments are solid, but my reading of the commentary confirms the pedestrian nature of not just the address but the views. There is no sense of the history of successful monetary policy conduct; the basic grasp of monetary economics is not evident.
Oh, I understand: "monetary economics" - where monetary policy is thought in great depth - and "finance" are grossly different.
My own views on the same subject are published by the Centre for Research on Financial Markets and Policy. You can be the judge as to who is more persuasive; but I fear for "Prof" Bitok's students, if they are unfortunate enough to have him teach monetary economics, or at the very least monetary policy conduct!
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