- Follow pseudoerasmus on WordPress.com
Join 6,889 other subscribers
Recent & Popular Posts
- Critiques of Edward Baptist
- Critiques of The History Manifesto
- Did inequality cause the First World War?
- Did the "Invisible Blockade" against Allende work?
- Economic growth in ancient Greece
- Fascism was not left-wing!!!
- Greece from Post-war orthodoxy to "Democratic Peronism"
- Ideology & Human Development (on Cuba's social development)
- Labour repression & the Indo-Japanese divergence
- Markets & famines: Amartya Sen is not the last word!
- Nazi political economy
- Random Thoughts on Robert Allen's theory of the Industrial Revolution
- State Capacity & the Sino-Japanese Divergence
- Sven Beckert's Empire of Cotton: A Reductionist Summary
- The Bairoch conjecture & the "tariff-growth paradox" of the late 19th century
- The Calico Acts: Was British cotton made possible by infant industry protection from Indian competition?
- The Napoleonic Blockade & the Infant Industry Argument
- Various posts on slavery
- Was slavery necessary for the Industrial Revolution?
- Where do pro-social institutions come from?
Tag Archives: France
The “Anthropology” of Financial Crises
Posted on 2014-08-01 by pseudoerasmus
Germany experienced little increase in unemployment during the Great Recession, and has found “internal devaluation” relatively easy and pain-free, unlike most other countries. Why ? Some observations on the role of social capital in financial crises.
Posted in Financial Crises, International Monetary Economics, Social & Civic Capital | Tagged current account, Emmanuel Todd, Euro, Eurozone, financial crisis, France, Germany, Hartz | 35 Comments