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October 2, 2008
Something good to read
Dr. Scott Nelson, history professor at William and Mary argues that it is the financial crisis of 1873 and not the great depression of the 1930's that is the best historical analog to our current circumstances. I'm in no place to corroborate his examples, but if they are correct, his argument seems sound.
The Real Great Depression: The depression of 1929 is the wrong model for the current economic crisis
Posted by OneEyedMan at October 2, 2008 8:38 AM
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