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Opinion: Policies Prolonged Depression
Opinion: Policies Prolonged Depression
[Commentary] Corbis A man selling apples during the Great Depression.
Japan on the Edge of the Abyss?
nakedcapitalism.com — A reader chided me for not making note of the truly dreadful factory output figures released last... Thursday, which showed a fall of 9.6%. I have to confess that I have fallen into "Japan bad news" syndrome, in that I expect bad news out of Japan ... (more) Japan on the Edge of the Abyss?
Understanding the Great Depression Blogging: Labor Input and Its Trend
Understanding the Great Depression Blogging: Labor Input and Its Trend
delong.typepad.com — David Beckworth asks a question: Macro and Other Market Musings: The Latest Installment in the New Deal... Debate : Harold Cole and Lee Ohanian... move beyond the unemployment numbers discussion and present data on hours worked, consumption per ... (more) Understanding the Great Depression Blogging: Labor Input ...
Depression economics: Four options
straitstimes.com — WHEN an economy falls into a depression, governments can try four things to return employment to its... normal level and production to its 'potential' level. Call them fiscal policy, credit policy, monetary policy and inflation. Inflation is the most ... (more) Depression economics: Four options
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Cole and Ohanian on the New Deal
Greg Mankiw's BlogThey are not fans of the NIRA.

Monday's Daily News
Club for Growth — THE DAILY NEWS Buy American Hurts America - Daniella Markheim, Heritage Foundation If We Buy American, No One Else Will - Douglas Irwin, New York Times The New Poor Tax - Wall Street Journal Editorial Special Interests Still Getting Pork - Lisa Lerer, The Politico DeMint Says Stimulus Should Focus on Tax Cuts - Jared Allen, The Hill How Government Prolonged the Depression - H. Cole & L. Ohanian, WSJ Frank Says Obama to Force TARP Banks ...

How the Five-Day-Week Prolonged the Depression!
EconoSpeak — ... Hooray for Harold L. Cole and Lee E. Ohanian! They have raised, in an admittedly inept and backward manner, an issue that many Keynesians and New Deal apologists seem to have trouble acknowledging. (See also ...

The Only Thing We Have to Fear Is Fear Itself
Spain Economy Watch — ... Of course, with the benefit of hindsight it is easy to pick holes in some of what he did, as Harold L. Cole and Lee E. Ohanian do here. ...

The Only Thing We Have to Fear Is Fear Itself
A Fistful Of Euros » A Fistful Of Euros — ... Of course, with the benefit of hindsight it is easy to pick holes in some of what he did, as Harold L. Cole and Lee E. Ohanian do here. ...

Related: wsj depression cole
What caused the Depression? Opinion: Policies Prolonged Depression - WSJ.comFinanceProfessor.com
Here is hoping that we learned our lesson since the 1930s. The WSJ ran a good op/ed piece by Harold L. Cole and Lee Ohanian describing how government policies helped create the Great Depression. As we ponder what the role of government should be in helping the economy to recover from the ...