What Paul Krugman Misses About 1937 Redux: Echoes

What if it just keeps going? That’s the question Americans are asking as they consider last month's 9.1 percent unemployment rate, still so high 33 months after the crash of September 2008. Scholars of economic history are asking another question: Are we repeating 1937?

To continue reading this article you must be a Bloomberg Professional Service Subscriber.