great depression

October 1st, 2008 by alephnaught

Trust, liquidity, and the Great Depression too!

There’s a good article in today’s New York Times comparing some of the circumstances surrounding the Great Depression with what’s going on today, Lesson From a Crisis: When Trust Vanishes, Worry. The article talks about the lack of response to the early warning signs of the Great Depression and especially about the public’s view that […]