The full title of Barry Eichengreen’s magisterial (overused but valid here) comparative history of The Great Depression and the recent Great Recession is HALL of MIRRORS The Great Depression, The Great Recession, and the uses — and misuses — of … Continue reading
Mullaney Keating & Wright
Independent Investment Professionals
Category Archives: Financial Crises
ECONOMIQUES NOIR
One of my favorite economists is Olivier Blanchard. He is French, has a PhD from MIT where he is also a professor, is the IMF’s Economic Counsellor and head of its Research Department, is movie star handsome and I enjoy … Continue reading
THE FIRST DEBT CRISIS
The Articles of Confederation were a bust and James Madison led the way to the solution of our Constitution with the able support (mostly) of Alexander Hamilton. Subsequently Hamilton devised a plan to put the finances of our fledgling government … Continue reading
DOES HISTORY EVEN RHYME ?
In a recent Free Exchange column in The Economist, the author correctly points out that the cause(s) of The Great Depression have been subjected to revisionism. Lessons From The Great Depression is worth the read for itself. However, unlike the author, … Continue reading