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The Story So Far
The economic downturn is routinely billed as the most perilous since the Great Depression. What exactly does that mean? What is most likely to happen next? As it happens, fundamental aspects of the situation lend themselves to portraiture.   Sometimes a picture really is worth a ...
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econtalk.org — Intro. Great Depression, events of 1930s-1940s. Papers, easy reading. Standard view is that WWII got us out... of the depression. Argument against that: War supposedly ended depression because it brought the rate of unemployment down; and at the same ... (more) " + soundfiledesc + "
Paul Krugman on the Return of Depression Economics
bigthink.com — 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 & ... (more) Paul Krugman on the Return of Depression Economics
Talking Points Memo | What Is Non-Depression Economics?
tpmcafe.talkingpointsmemo.com — This discussion has so far one major lack: it does not tell us what "depression economics" is... supposed to replace--it does not tell us what non-depression economics is, or was. So let me try my hand at a definition of non-depression economics. ... (more) Talking Points Memo | What Is Non-Depression Economics?
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Monday links: a radical reduction in debt
Abnormal Returns — ... A bit of long term perspective on the history of American economic growth.  (Economic Principals) ...

US Economic Growth
Toro's Running of the Bulls Market Blog — Putting long-term economic growth in perspective at Economic Principals  

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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 ...
"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 ...
Economic View: Can Talk of a Depression Lead to One?
nytimes.com 2/22/2009 — By comparing the current economic situation to the Depression, we risk it affecting our expectations. >
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 ...
Unemployment During the Great Depression
marginalrevolution.com 11/7/2008 — Regarding unemployment during the Great Depression, Andrew Wilson writing at the WSJ recently said: As late as 1938, after almost a decade of governmental "pump priming," almost one out of five workers remained unemployed. Historian ...
Guest Post: How Bad Will Unemployment Get, And What Can We Do About It?
nakedcapitalism.com 9/14/2009 — By George Washington of Washington’s Blog . Unemployment is disastrous on both the individual and societal level. Individuals who look for work but can’t find it are miserable. Indeed, most people who lose their job are unprepared ...
Paul Krugman: Fighting Off Depression
economistsview.typepad.com 1/5/2009 — 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 ...
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 ...
My Senior Seminar on the Great Depression
austrianeconomists.typepad.com 1/20/2009 — 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 ...
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 ...