Nice narrative economics article, easy to understand in laymans terms, by Delong. He concisely shows the falicies & explains / dubunks the myths some economists have been expounding about the causes / effects of the great recession --- written/published in mid-march this year if you haven't read this already. He even goes so far as to explain the basic reasoning of why these economists believe what they do.
Very nicely done piece.
Very nicely done piece.