Assorted links
1. Russ Roberts on causes of the financial crisis.
2. Hyperinflation interactive site.
3. Have we reached peak “adult education”?
4. The romantic appeal of savers (speculative).
5. Very good Paul Krugman post on Latvia. It deserves its own post but it is not that easy to excerpt, so read the whole thing.
6. But on the liquidity trap, John Cochrane is essentially correct. He has worked through some of the key details, and it’s time to lay that one to rest.