Mark Wadsworth: This morning didn't seem any different without them.

Tuesday 6 December 2011

This morning didn't seem any different without them.

2 comments:

Richard Allan said...: O/T but Mark: housing speculation causes crisis shocker:

http://econlog.econlib.org/archives/2011/12/shock_me_shock.html; 6 December 2011 at 12:23
Mark Wadsworth said...: RA, good link. A fairly well known economist sent me a book/pamhplet he wrote about preventing banking crises, which I am half way through reading, and not once does he mention house price bubbles. He gives the dates of the banking rises from 1857 onwards in the usual 18-year cycle and the penny still has not dropped with him. Ah well.; 6 December 2011 at 12:35

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