Assorted Links

1. WSJ Blog points to Bernanke lessons from Great Depression. It also points to problems galore for Fed

2. IEB points to biggest lesson from Great Depression as well.

3. Cowen points to best and worst case scenarios. He also points to drawback of adopting the Sweden plan of bank nationalisation for the current crisis

4. NB has a superb post on framing questions for the bailout

5. CB points how much USD 700 billion can help ease development problems. I knew it could help a bit but had underestimated the benefits.

6. Macroblog on rescues and bailouts

7. Mankiw says time to get greedy?

8. PSD Blog points to a new paper on gains from trade

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