economistsview.typepad.com - 1/5/2009
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Will Congress do what's needed to stop the economy's downward spiral? (Related:
Obama
Plan Includes $300 Billion in Tax Cuts "to win over Congressional skeptics
worried that he was too focused on government spending." Guess who the skeptics
are? "Republicans have begun ...
blogs.ft.com - 12/30/2008
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blogs.ft.com —
By Roger E.A Farmer The US recession that
began in December 2007 resulted in 403,000 lost jobs...
in September, 320,000 in October and 533,000 jobs in November. Projections for 2009 are ominous.
(more)
How to prevent the Great Depression of 2009
krugman.blogs.nytimes.com - 1/2/2009
nytimes.com - 1/5/2009
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nytimes.com —
Let’s not mince words: This looks an awful
lot like the beginning of a second Great Depression....
Will we “act swiftly and boldly” enough to stop that from happening? >
(more)
Op-Ed Columnist: Fighting Off Depression
Comments
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Ed Glaeser's words of wisdom
Marginal Revolution —
... about $40 billion a year in transportation, and
another $20 billion on other forms of infrastructure. There is a case
for significantly increasing this amount. Our roads do need repairing,
and it makes sense to invest more in a downturn when unemployment is
high. But even doubling the current federal infrastructure expenditure,
a vast increase, would represent only 8 percent of a $750 billion
package. Here is much more, on the mark throughout. Here is related material by Mark Thoma and Paul Krugman. Here is a related post by Alex ...
Related Content
Paul Krugman on the Return of Depression Economics
bigthink.com 12/18/2008 — WE ARE WHAT YOU THINK SEARCH ADVANCED SEARCH IDEAS 12,844 Channels Browse Experts Browse Ideas Meta Faith & Beliefs Identity Personal History Inspiration Life & Death Love & Happiness Outlook & the Future Truth & Justice Wisdom Physical Arts & ...
Op-Ed Columnist - Fighting Off Depression
nytimes.com 1/5/2009 — “If we don’t act swiftly and boldly,” declared President-elect Barack Obama in his latest weekly address, “we could see a much deeper economic downturn that could lead to double-digit unemployment.” If you ask me, he was understating the case. The ...
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 ...
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 ...
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 ...
"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 ...
Depression analogies
krugman.blogs.nytimes.com 11/23/2008 — Zero bound worries
Daniel Gross pushes back against analogies with the Great Depression:
Instead of workers with 5 o'clock shadows asking, "Brother, can you spare a dime?" we have clean-shaven financial-services executives asking congressmen if they ...
The Krugman Recipe for Depression
online.wsj.com 11/29/2008 — Paul Krugman of the New York Times has been on the attack lately in regard to the New Deal. His new book "The Return of Depression Economics," emphasizes the importance of New Deal-style spending. He has said the trouble with the New Deal was that it ...
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