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Category Archives: History
DAYLIGHT SAVINGS TIME COMES TO STONEHENGE.
DAYLIGHT SAVINGS TIME COMES TO STONEHENGE. The National Trust website has this post about the annual efforts to move the Avebury stones to conform with British Summer Time (Daylight Savings Time). Here
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TRIED AND TRUE POLICIES.
TRIED AND TRUE POLICIES. I do feel somewhat boastful that I was right when I said on March 18, 2008, some six months before the Lehman bankruptcy, that what the central bank had to do in a liquidity crisis was … Continue reading
Posted in Economics, History, Politics
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LOOKING BACK AT THE QUESTION: ” WHAT WOULD KEYNES DO”?
LOOKING BACK AT THE QUESTION: “WHAT WOULD KEYNES DO”? The caption for my post on December 3, 2008 (less than three months after the Lehman bankruptcy) was “WHAT WOULD KEYNES DO”? The first sentence was: “Kids, in times of financial … Continue reading
Posted in Economics, History, Politics
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A JUXTAPOSITION.
A JUXTAPOSITION. I juxtaposed my post of March 8, 2019 in which I quoted Professor Krugman: ““The end result was that policy moved quickly and fairly effectively to rescue banks, then turned its back on mass unemployment.”and my post of … Continue reading
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PROFESSOR KRUGMAN ON FISCAL POLICY DURING THE TEN YEARS AFTER THE LEHMAN BANKRUPTCY.
PROFESSOR KRUGMAN ON FISCAL POLICY DURING THE TEN YEARS AFTER THE LEHMAN BANKRUPTCY. On September 12, 2018, Paul Krugman reviewed the ten years after the Lehman bankruptcy in this column entitled “Botching the Great Recession”. Krugman says that economic policies … Continue reading
AGAINST AUSTERITY (COMMENTS).
AGAINST AUSTERITY (COMMENTS). In the last week Nick has commented twice about the economic policy of the last ten years. On March 1, 2019, he wrote: “The danger of the half measure, however, of bailing out the banks but then … Continue reading
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FINDING MORE AT STONEHENGE.
FINDING MORE AT STONEHENGE. I have been interested in discoveries at Stonehenge since Annalisa saw Stonehenge and was convinced that there was a lot more to find there. Lauren Kent’s article ends with the next things to be looked at … Continue reading
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WHERE SOME OF THE STONES FOR STONEHENGE CAME FROM.
WHERE SOME OF THE STONES FOR STONEHENGE CAME FROM. This article by Lauren Kent on the CNN website (February 27, 2019) reports on an announcement that research has traced some of Stonehenge’s smaller stones to locations in two quarries in … Continue reading
A FAMILY STORY ABOUT BANK RUNS.
A FAMILY STORY ABOUT BANK RUNS. My father told us several times at dinner that one of his earliest memories was of his mother sobbing on her bed because the family had lost its savings. This would have been when … Continue reading
WHEN BERNANKE DID NOT FOLLOW BAGEHOT.
WHEN BERNANKE DID NOT FOLLOW BAGEHOT. Paul Collier reviewed Tooze’s book and several other books on the financial crisis in the TLS (November 16, 2018). One of the books he reviewed was THE FED AND LEHMAN BROTHERS by Laurence Ball. … Continue reading
Posted in Economics, History, Politics
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