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thinkahol *

BBC News - Thinking outside the 1930s box - 0 views

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    There are two kinds of people at present: those who know in a vague way that the 1930s was a bad time, and those who have studied the detail and understand the economics of why it went bad.
thinkahol *

The Unwisdom of Elites - NYTimes.com - 0 views

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    The past three years have been a disaster for most Western economies. The United States has mass long-term unemployment for the first time since the 1930s. Meanwhile, Europe's single currency is coming apart at the seams. How did it all go so wrong?
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