13 Jan 2009

Praise for My Piece on "Depression Economics"

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My recent Mises.org piece on Krugman/Thoma’s “the normal rules don’t apply in a depression”-argument is getting a lot of commentary, as these things go. Mario Rizzo gives it a plug, and David Henderson wrote a very nice post today over at EconLog. My favorite line: “But you can unbundle Murphy’s package.” To learn the context of that (complete) quotation, you will have to read the post.

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