Today's Buggy Topic No. 1
A little while ago, prof bug argued at length that any analogies betwseen today's economic troubles and those of the Great Depression era --- including the prospects that we'll end up with like troubles --- were flatly wrong. Today he continues disputing those analogies, with some specific governmental and policy changes --- including international cooperation financially to deal with the financial crisis --- that have emerged since 1940 and would buffer and counteract the impact of a serious recession.
No need to say more. Click here for the two lengthy buggy commentaries on this subject, posted originally at Carpe Diem --- the libertarian web site of Professor Mark Perry of the University of Michigan.