New preface to Charles Kindleberger, The World in Depression 1929-1939 J. Bradford DeLong Barry Eichengreen 12 June 2012 Charles Kindleberger’s classic book on the Great Depression…
By Niall Ferguson and Nouriel Roubini We fear that the German government’s policy of doing “too little too late” risks a repeat of precisely the…
By Roger Bootle Recent signs of global economic weakness have caused me to muse on the comparison between the world economy now and during the…
Before now, I had never really understood how the 1930s could happen. Now I do. All one needs are fragile economies, a rigid monetary regime,…
If you haven’t heard of him, think of Steve Keen as the Nouriel Roubini of Australia: a vocal economist who pissed people off for predicting the recession before it happened, and is still pissing people off predicting further economic crisis.
In f…
Karl Rove’s Crossroads GPS group has launched the first attack ad against Elizabeth Warren, presumably because she is now running hard for the Senate in Massachusetts. This ad is not a big surprise, but the line that Mr. Rove takes could well bac…
October 23, 2011
The Hole in Europe’s Bucket
By PAUL KRUGMAN
What does this have to do with Europe? Well, at this point, Greece, where the crisis began, is no more than a grim sideshow. The clear and present danger comes instead from a sort of ban…
Record State Budget Shortfalls Likely To Drag Down The Private Sector For Years
First Posted: 8/29/11 12:50 PM ET Updated: 8/29/11 01:08 PM ET
WASHINGTON — While the current economic downturn is often referred to as the worst since the Great Depre…
The West’s horrible fiscal choice
The US, Britain, and Europe are together embarking on a sudden and severe tightening of fiscal policy, in unison, before economic recovery has reached safe take-off speed. The experiment was last tried …
It’s official: The housing crisis that began in 2006 and has recently entered a double dip is now worse than the Great Depression.
Prices have fallen some 33 percent since the market began its collapse, greater than the 31 percent fall that began i…