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austrianeconomists.typepad.com - 1/20/2009
My Senior Seminar on the Great Depression
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In what was either blind luck or remarkable foresight, over a year ago, I agreed to teach a senior seminar this spring, and I decided to do it on the Great Depression. With the events of the last few months, that has turned out to be a very timely topic. In teaching American Economic ...
forbes.com - 1/23/2009
Does Stimulus Stimulate?
— forbes.com — In a few weeks, Congress will likely enact the largest fiscal stimulus legislation in history. Surprisingly, the... whole idea of such a stimulus is much more controversial among A-list economists than I would have expected, given the depth and breadth ... (more) Does Stimulus Stimulate?

Comments vote down Economist's View found this 1/23/2009found this
populardelusions.typepad.com - 1/27/2009
What do we really know about the Great Depression?
— populardelusions.typepad.com — Former deputy leader of the British Labour party and scourge of dry faces everywhere, Roy Hattersley was... just on Radio 4 arguing that the current financial crisis demonstrated the evils of unfettered capitalism and lamenting that we'd failed to learn... (more) What do we really know about the Great Depression?

Comments vote down Paul Kedrosky's Infectious Greed found this 1/27/2009found this
news.google.com - 1/24/2009
worst economy since the great depression - Google News Archive Search
— news.google.com — Feb 28, 1992 - Both the nation's economy and its California counterpart-albeit less dramatically-exhibited some pickup last... spring, after almost a year of ... what now looks like an astounding 5% loss of 660000 jobs since the recession began-the worst ... (more) worst economy since the great depression - Google ...

Comments vote down CARPE DIEM found this 1/24/2009found this

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Newmark's Door:  A useful coinage

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Blog Reactions

A useful coinage
Newmark's Door — Steve Horwitz explains what the "high school history" version of the Depression is: 1. Laissez-faire caused the boom of the 20s and the stock market crash 2. Hoover believed in laissez-faire and did nothing to counteract the recession 3. FDR and the New Deal saved us from disaster 4. World War II got us all the way out   My wife teaches high school American history and at least as of a few years ago the modal explanation of ...

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Do sales of lipstick really go up in difficult times? RECESSIONS mean that Ferraris stay in showrooms and designer dresses on shop racks, but lipstick bucks the trend: in difficult times, women buy more of it, since it is an affordable indulgence. ...