How the World Works

Ten days that shook Wall Street

Two economics professors provide a useful explanatory lecture

The most detailed, clearly written, incisive account and analysis of the last ten days of U.S. government intervention in the economy that I have yet read:

"Diamond and Kashyap on the Recent Financial Upheavals"

By two University of Chicago professors, in the New York Times' Freakonomics blog. Recommended by Megan McArdle.

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