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Sunday evening econlinks

A WSJ article by Reinhart and Rogoff, on what past crises around the world might teach us for the current crisis. It really ain’t lookin’ that good… I have obviously attended Ken Rogoff’s presentation of this research at the recent ASSA in San Francisco.

(Many) Econlinks

Brief but pertinent thoughts of Ricardo Caballero on the (real) causes and solutions to the current financial crisis.

Language politicization in Central and Eastern Europe (via Andrew Gelman)

Bill Easterly (and colleagues) have just started a very promising blog, Aid Watch.

Econlinks

“First — Chill — then Stupor — then the letting go“: a historical perspective on the market, starting with the Great Crash

What would Milton Friedman say about the current financial crisis?

Econlinks today

Esther Duflo on a topic that deserves much more attention among policy makers: the need to insure the very poor against food price variability

Here’s the most ridiculous thing I’ve heard so far, within the academic publishing business: deliberately slowing things down by sitting a whole month on each submission before doing anything with it.

Governance and Growth

…in 4 short essays that sum up the knowns and the unknows. Among other top researchers in the field, these essays contain the opinions of Daron Acemoglu, Francis Fukuyama and Douglas North.