[lbo-talk] Credit crunch a myth?

Shane Taylor shane.taylor at verizon.net
Fri Jan 2 13:27:18 PST 2009


Jordon Hayes wrote:


>> http://www.minneapolisfed.org/research/WP/WP666.pdf
>
> Are you guilty of this soundbite from the article?

Doug Henwood wrote:


> Well a lot has happened since October

As of October, a lot had already happened:

<http://economistsview.typepad.com/economistsview/2008/10/four-myths.html>

Isn't that paper largely serving phantasms of Real Business Cycle theory?

<http://en.wikipedia.org/wiki/Real_Business_Cycle_Theory>

Shane



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