There are many names given to this crisis- Great Recession, Global Financial Crisis, Global Recession, Panic of 2007 etc. What is more appropriate?
Joseph S. Tracy, Executive Vice President of NY Fed in this speech says:
Archive for July 10th, 2010
What should we name this crisis?
July 10, 2010A review of thinking on capital flows and controls
July 10, 2010Oliver Jeanne has written a nice short note on the topic
Assorted Links
July 10, 2010- Krugman on Keynes Versus Hayek, 1932, He also looks at the unemployment problem
- WSJ Blog points ECB officials criticise IMF for its pessimistic view of Europe; ECB’s Bini Smaghi asks Germans to chill
- Stephen Roach: The Alan Greenspan of China?
- Deflation fears catching up. Macroblog points to research which shows CPI could be overstated. Once we adjust the CPI figures we get near zero os slight negative inflation since last October. John Makin of AEI also points via his research looming danger of deflation (HT: Krugman)
- Spain moves into WC finals and has leading players from Barcelona. The club is bleeding
- Ezra Klein points to some quotes from Greenspan’s recent speech
- IMF Blog points Asia and the IMF: A Closer Engagement. Summary of the latest Asia’s Updated Economic Outlook
- PSD Blog points development is about Creating problem-solving systems
