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  • From: EarthNSky <erthnsky AT bellsouth.net>
  • To: homestead AT lists.ibiblio.org
  • Subject: Re: [Homestead] Fun economic article
  • Date: Mon, 02 Feb 2009 15:27:47 -0500



Don Bowen wrote:
http://edition.cnn.com/2009/LIVING/wayoflife/02/02/mf.economic.crisis.hist
ory/index.html?iref=werecommend

Interesting article but quite shallow and flawed. Read "Manias, Panics, and
Crashes: A History of Financial Crises" by Kindelberger for a more through
and accurate description of that and several crises.


You expected more from a national media outlet? :)

Glad someone pointed out the flaws though.


--
"Nothing in this world can take the place of persistence. Talent will not; nothing is more common than unsuccessful people with talent. Genius will not; unrewarded genius is almost a proverb. Education will not; the world is full of educated derelicts. Persistence and determination alone are omnipotent. The slogan 'press on' has solved and always will solve the problems of the human race"

~ Calvin Coolidge




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