Submit a Story!
Hayek on Deflation and the Great Depression
Steve Horwitz Greg Ransom has found a new book with an interview done with Hayek in 1979. In it, Hayek says the following: “I agree with Milton Friedman that once the Crash had occurred, the Federal Reserve System pursued a silly deflationary policy. I am not only against inflation but ...
The Slide to Protectionism in the Great Depression: Who Succumbed and Why?
nber.org — The Great Depression was marked by protectionist trade policies and the breakdown of the multilateral trading system.... But contrary to the presumption that all countries scrambled to raise trade barriers, there was substantial cross-country variation ... (more) The Slide to Protectionism in the Great Depression: Who ...
"The Roots of Protectionism in the Great Depression"
economistsview.typepad.com — Lessons from the Great Depression: The Roots of Protectionism in the Great Depression, by Laurent Belsie, NBER... Reporter : The Great Depression was a breeding ground for protectionism. Output fell, prices declined, and unemployment rose, ... (more) "The Roots of Protectionism in the Great Depression"
The Roots of Protectionism in the Great Depression
nber.org — The Roots of Protectionism in the Great Depression had more countries been willing to abandon the gold... standard and use monetary policy to counter the slump, fewer would have been driven to impose trade restrictions. The Great Depression was a ... (more) The Roots of Protectionism in the Great Depression
Comments
Blog Reactions

links for 2009-10-21
J. Bradford DeLong's Grasping Reality with All Eight Tentacles — ... Brad Johnson: Answers For DeLong About The SuperFreaks, Part One Steve Horwitz: Hayek on Deflation and the Great Depression ...

Assorted links
Marginal Revolution — 1. 4500-page Thesaurus: "The draft thesaurus was almost destroyed in a fire in 1978, but despite the building being gutted, a metal filing cabinet protected the files." 2. Markets in everything: who said resources are not mobile in Germany? 3. Hayek opposed deflation; he said the same in MTaTTC too. 4. Donate your organs by iPhone. I'm still looking for an ideal "economics" link on the Catholic-Anglican development.  Do you have one?

Related Content
"A Second Great Depression is Still Possible"
economistsview.typepad.com 10/14/2009 — Let's hope Thomas Palley, who says "a second Great Depression remains a real possibility," is wrong. My best guess is that he is (though I don't expect a quick recovery, particularly for labor). But I suppose I " should never ...
The Great Depression And The Great Recession
forbes.com 10/30/2009 — Eighty years ago this week, the stock market crashed. Although it was more a symptom of the economy's underlying problems than a cause of the Great Depression, it is still considered the day the worst economic crisis in American history began. I've ...
A second Great Depression is still possible
blogs.ft.com 10/12/2009 — By Thomas Palley Over the past year the global economy has experienced a massive contraction, the deepest since the Great Depression of the 1930s. But this spring, economists started talking of “green shoots” of recovery and that ...
Not the Great Depression 2.0
dmarron.com 5/29/2009 — UPDATE: Please see two related posts: “The Long U” and “A Plane Crash Averted?” The Great Depression was an unspeakably bad time for the U.S. economy. I know that sounds obvious, but it seems necessary to say given all ...
The Not-So-Great Depression
online.barrons.com 2/28/2009 — THE GREAT DEPRESSION. THOSE CHILLING WORDS HAVE BECOME something of a staple of economic utterance these days, enjoying promiscuous use by both those dour souls who cry out that the end of the world is nigh and those determinedly smiley types eager to ...
N/A
foreignpolicy.com 3/30/2009 — I n the Great Depression, as in the current economic crisis, the downturn was particularly severe because of a lack of leadership in the international order. The dominant financial power of the 19th century, Britain, was financially exhausted by the ...
This Is Not Another Great Depression
freakonomics.blogs.nytimes.com 5/12/2009 — Few people in the world know more about the Great Depression than economic historian Price Fishback, which is why whenever he offers an opinion on the subject, I always listen carefully. Back in the fall, Fishback wrote two outstanding posts here at ...
Depression Debate - Is this a Depression?
globaleconomicanalysis.blogspot.com 9/10/2009 — In 1929 Versus 2007: Employment Change Barry Ritholtz posted a chart of unemployment with a comment: " This chart makes it pretty clear that the current recession is no Depression " click on chart for sharper image Actually the chart does not make ...
And It Ain't Shinola...
econospeak.blogspot.com 9/3/2009 — by the Sandwichman Wherein the Sandwichman documents the appalling intellectual vacuity of Lee E. Ohanian's "What -- or Who -- Started the Great Depression?" so the referees at the Journal of Economic Theory don't have to. Not that they would ...
Guest Post: How Bad Will Unemployment Get, And What Can We Do About It?
nakedcapitalism.com 9/14/2009 — By George Washington of Washington’s Blog . Unemployment is disastrous on both the individual and societal level. Individuals who look for work but can’t find it are miserable. Indeed, most people who lose their job are unprepared ...