The economic reckoning

The economic reckoning:

Teaching Macro, after the Great Recession
Menzie Chinn, Econbrowser, December 17, 2009
Or, How to adapt the intermediate macro syllabus to an altered world.
The economic reckoning


"The Great Moderation: What Caused It and Is It Over?"
Mark Thoma, Economist's View, December 17, 2009
The paper below says that, contrary to what you might think, the Great Moderation is not over.
[url="http://economistsview.typepad.com/economistsview/2009/12/the-great-moderation-what-caused-it-and-is-it-over.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+EconomistsView+%28Economist%27s+View+%28EconomistsView%29%29"]http://economistsview.typepad.com/economis...mistsView%29%29[/url]

The Great Depression Redux
Mikka Pineda, Forbes, December 17, 2009
2009 could spiral into 1937 if we cave in to our fears.
[url="http://www.forbes.com/2009/12/16/great-depression-economy-finance-opinions-columnists-mikka-pineda.html?feed=rss_opinions"]http://www.forbes.com/2009/12/16/great-dep...ed=rss_opinions[/url]


Crude inflation
Free Exchange, Economist.com, December 16, 2009
How should the Fed react to this situation? It should keep easing.
http://www.economist.com/blogs/freeexchange/2009/12/crude_inflation