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Wednesday, April 2, 2008 12:00 AM

The Great Depression: The sequel

Is it coming to a soup kitchen near you? Here's how we'll know if the current recession is turning into something much worse.

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  • Wednesday, April 2, 2008 09:47 AM

    Knee-jerk Indeed!

    timbuktom writes:

    "Andrew Leonard writes good, advanced, nuanced stuff every day, about economics, in his blog "How the World Works." This article is a little more general, a little more sensational than usual, but it deserves better responses than some of this knee-jerk rant."

    I checked out the blog -- seems entirely knee-jerk: "Find an economic problem? Regulate more! Never investigate if the problem was caused by previous interventions."

    "This is a forum for coming up with new approaches. Please think and advance the discussion. Do not just replay all the conventional wisdom that has led us to this economic brink."

    The conventional wisdom being Leonard's pertual call for bigger government?

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