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I was thinking of you and techno when I read the part about Veblin. Had you previously come across Fisher's paper?

As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Fri Mar 5th, 2010 at 05:51:04 PM EST
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No, this is a first reading. Now I want to read Booms and Depressions.

En un viejo país ineficiente, algo así como España entre dos guerras civiles, poseer una casa y poca hacienda y memoria ninguna. -- Gil de Biedma
by Migeru (migeru at eurotrib dot com) on Fri Mar 5th, 2010 at 06:59:07 PM EST
[ Parent ]
A book which, shockingly, is out of print! It's available as a PDF from the St. Louis Fed [link to HTML summary page]

En un viejo país ineficiente, algo así como España entre dos guerras civiles, poseer una casa y poca hacienda y memoria ninguna. -- Gil de Biedma
by Migeru (migeru at eurotrib dot com) on Sat Mar 6th, 2010 at 03:57:41 AM EST
[ Parent ]
Thanks. I am coming to love free books. Did you see Lombard Street, a description of the money market by Walter Bagehot, 1873? Same site. A real treasure trove.

As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Sat Mar 6th, 2010 at 11:47:10 AM EST
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