guatemala-times.com - 11/29/2008
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BERKELEY - For 15 months, the United States Federal Reserve, assisted by the financial regulators of the US Treasury, have been trying to make the macroeconomic consequences of the American mortgage-backed securities financial crisis as small as possible - trying, above all, to avoid a deep ...
krugman.blogs.nytimes.com - 11/29/2008
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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?
online.wsj.com - 11/29/2008
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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
latimes.com - 12/1/2008
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latimes.com —
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. ...
(more)
'The Return of Depression Economics and the Crisis of ...
Comments
Blog Reactions
"The Road to Depression"
Economist's View —
...
The Road to Depression, by Brad DeLong, Project Syndicate: For 15 months,
the United States Federal Reserve, assisted by the financial regulators of the
US Treasury, have been trying..., above all, to avoid a deep depression. ...
As If an Invisible Hand Played a Losing Card: The Turn Towards Depression in September 2008
J. Bradford DeLong's Grasping Reality with All Eight Tentacles —
... http://www.scribd.com/doc/8292698/null
http://www.guatemala-times.com/opinion/syndicated/anatomy-of-the-global-economy/570-the-road-to-depression.html ...
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Depression analogies
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Not the Great Depression 2.0
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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 ...
Five Myths About the Great Depression
online.wsj.com 11/4/2008 — The current financial crisis has revived powerful misconceptions about the Great Depression. Those who misinterpret the past are all too likely to repeat the exact same mistakes that made the Great Depression so deep and devastating. Here are five ...
World Economy Falling Faster Than in 1929-1930
nakedcapitalism.com 4/7/2009 — Barry Eichengreen, an expert on the Great Depression, and Kevin O'Rourke, take issue with the notion that the current downturn is less severe than the Great Depression. While the slump in the US is not as bad, that mis-states the global picture. ...
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economistsview.typepad.com 4/6/2009 — Steven Gjerstad and Vernon L. Smith argue that the "events of the past 10
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Chatting With Krugman —
The Big Money 12/1/2008
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 ...