Earlier this week, I received a copy of a paper co-authored by Carmen Reinhart of the University of Maryland and Kenneth Rogoff of Harvard University, titled Is the 2007 U.S. Sub-Prime Financial Crisis So Different?. (alt source) Each of these authors have rather distinguished affiliations. Reinhart is with the NBER, the group whose Business Cycle … Continue reading 5 Historical Economic Crises and the U.S.