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latimes.com - 12/1/2008
'The Return of Depression Economics and the Crisis of 2008,' by Paul Krugman - Los Angeles Times
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A decade ago, Paul Krugman wrote a little book warning us that economists' triumphalism was misplaced -- that advances in economic knowledge and economic policy had not, after all, banished the prospect of big depressions from the global economy. "The Return of Depression Economics" sank with ...

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J. Bradford DeLong's Grasping Reality with All Eight Tentacles:  Krugman's Depression Economics

EconLog: Library of Economics and Liberty:  One-paragraph Macro

Economist's View:  "The Return of Depression Economics"

online.wsj.com - 11/29/2008
The Krugman Recipe for Depression
— online.wsj.com — 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 ... (more) The Krugman Recipe for Depression

Comments vote down QandO found this 11/29/2008found this
Was the Great Depression a monetary phenomenon?
krugman.blogs.nytimes.com - 11/29/2008
Was the Great Depression a monetary phenomenon?
— krugman.blogs.nytimes.com — Sins of omission? Has anyone else noticed that the current crisis sheds light on one of the great controversies of economic history? A central theme of Keynes's General Theory was the impotence of monetary policy in depression-type conditions. But ... (more) Was the Great Depression a monetary phenomenon?

Comments vote down Economist's View found this 11/29/2008found this
forbes.com - 12/5/2008
What Would Keynes Do?
— forbes.com — The government should spend on stuff, not on bad assets. (more) What Would Keynes Do?

Comments vote down J. Bradford DeLong's Grasping Reality with All Eight ... found this 12/5/2008found this
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Krugman's Depression Economics
J. Bradford DeLong's Grasping Reality with All Eight Tentacles — ... We are live at the Los Angeles Times: Review of The Return of Depression Economics and the Crisis of 2008 by Paul Krugman: http://www.latimes.com/entertainment/la-et-book1-2008dec01,0,3173300.story ...

One-paragraph Macro
EconLog: Library of Economics and Liberty — Brad DeLong writes , In normal times, when one investor wants more liquidity or safety, another will be willing to take on duration and risk, and they will simply swap portfolios at current market prices. But in abnormal times, they cannot: The semiconductor fabs are long-run, durable, risky assets that cannot practically be liquidated. And so when the everybodies all decide that they want liquidity and safety -- well, the economy cannot magically liquidate the fixed capital stock at a reasonable price. And to liquidate at falling prices creates mass unemployment. Brad is ...

"The Return of Depression Economics"
Economist's View — ... 'The Return of Depression Economics and the Crisis of 2008,' by Paul Krugman, Book Review by Brad DeLong., LA Times: A decade ago, Paul Krugman wrote a little book warning us that economists' triumphalism was misplaced -- that advances in economic knowledge ... had not, after all, banished the prospect of big depressions from the global economy. "The Return of Depression Economics" sank with barely a ripple. ... ...

Related: the return of depression economics and the crisis of 2008 , Los Angeles Times
links for 2008-12-06 — Economist's View
Does mercantilism work in a Keynesian world? - Dani Rodrik The recession in pictorial context - macroblog The gorilla war in Congo - Los Angeles Times Are Cuts in Hours and Pay an Alternative to Mass Layoffs? - NYTimes.com Greg Mankiw's work incentives - Andrew Gelman  ...
Becerra's a Bad Choice — Club for Growth
The LA Times has an explosive editorial today, calling Rep. Xavier Becerra "strongly protectionist", who would be a "terrible choice" to be Obama's trade representative. It should be noted that Becerra represents a district squarely located within Los Angeles.
More reasons to enjoy the next four years — AtlanticBlog
Well, well. Obama has announced his selection of Rep. Xavier Becerra (D-Los Angeles) as U.S. trade representative. The L.A. Times...
Former Walt Disney Imagineering Designer Turns To Walls — Business Opportunities Weblog
Los Angeles Times : Painting a jungle mural from a kit in the bedroom of her new twin grandchildren was giving the artist in Patricia Newton a pain in the neck. Why was the lion frowning? What was with the toucan’s backward ankles? And, darn, that monkey was ugly! The former Walt ...
Chatting With Krugman — The Big Money
This may be the winter of Paul Krugman's content. President Bush, whose economic policies Krugman has derided from the beginning, is leaving office. Krugman has been awarded the Nobel Prize in Economics. And Norton has just published The Return of ...