http://www.thepicdump.com Just another WordPress weblog Sun, 10 Apr 2011 15:55:35 +0000 en hourly 1 http://wordpress.org/?v=3.0.5 http://www.thepicdump.com/archives/94 http://www.thepicdump.com/archives/94#comments Mon, 28 Jun 2010 14:40:16 +0000 Jolly Goodfellow http://www.thepicdump.com/?p=94 Recessions are common; depressions are rare. As far as I can tell, there were only two eras in economic history that were widely described as “depressions” at the time: the years of deflation and instability that followed the Panic of 1873 and the years of mass unemployment that followed the financial crisis of 1929-31. Read more…

]]> http://www.thepicdump.com/archives/94/feed 0 http://www.thepicdump.com/archives/52 http://www.thepicdump.com/archives/52#comments Sat, 30 Jan 2010 05:31:19 +0000 Jolly Goodfellow http://www.thepicdump.com/?p=52 An extraordinary series of articles recently appeared on the Nieman Watchdog Web site, anchored by investigative reporter John Hanrahan and mostly based on interviews with some of the nation’s most perceptive, prescient and prophetic economists. The series laid out a broad landscape of economic issues that have been largely overlooked during the reporting of the nation’s economic collapse — to our great peril. Read more.

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