delong.typepad.com - 2/3/2009
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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 capita, and nonresidential investment....
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online.wsj.com - 2/2/2009
nakedcapitalism.com - 2/2/2009
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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?
american.com - 1/29/2009
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american.com —
The history of socialism is the history of
failure and so is the history of capitalism, but...
in a different sense. For the history of socialism is one of fundamental failure, a failure to provide incentives and an inability to coordinate information ...
(more)
Our Epistemological Depression
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Comments
Blog Reactions
How the Five-Day-Week Prolonged the Depression!
EconoSpeak —
... ! 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 Brad DeLong and ...
links for 2009-02-03
Economist's View —
... Between Free Trade and Full Employment? - pgl
Cato Disinformation - Angry Bear
McCloskey et al. on signif. testing in economics - (wonkish) - Andrew Gelman
The over-selling of bare-knuckle capitalism - The Boston Globe
A Premier Speaks, Quoting Moral Sentiments - Adam Smith's Lost Legacy
Are Interest Groups the Source of Our Economic Woes? - Consider the Evidence
Understanding the Great Depression: Labor Input and Its Trend - Brad DeLong
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