What are the root causes of the current economic slowdown? Is this different from the norm? What does theory suggest about the causes? What do the data say? Make a convincing cause for your answer.
From the Web
- http://www.voxeu.org/index.php?q=node/3421Barry Eichengreen and Kevin O’Rourke comparing today’s global financial crisis to the Great Depression. […]
- http://www.project-syndicate.org/commentary/delong99/EnglishBrad DeLong critiques Robt Barro's WSJ article on fiscal multipliers and the 2009 Stimulus Package. […]
- http://www.gocomics.com/nonsequitur/2010/02/23/Econ theory vs. practice […]
- How a New Jobless Era Will Transform America - The Atlantic (March 2010) by Don PeckPessimistic argument about the future of the US economy. The sociological/psychological aspects may be more interesting than the economic. […]
- CHART OF THE DAY: It's Official: Obama Is Creaming Bush When It Comes To JobsInteresting time profile of the decrease in jobs over the 2000s. […]