Thursday, October 09, 2008
Panics through the ages
NRO's Andrew Stuttaford reproduces a nice passage about panics and their resolution written by Walter Bagehot, the editor of The Economist, in 1876.
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TigerHawk (ti*ger*hawk): n. 1. The title of this blog and the nom de plume of its founding blogger; 2. A deep bow to the Princeton Tigers and the Iowa Hawkeyes; 3. The nickname for Iowa's Hawkeye logo. Posts include thoughts of the day on international affairs, politics, things that strike us as hilarious and personal observations. The opinions we express are our own, and not those of each other, our employers, our relatives, our dead ancestors, or unrelated people of similar ethnicity.
NRO's Andrew Stuttaford reproduces a nice passage about panics and their resolution written by Walter Bagehot, the editor of The Economist, in 1876.