Das Ende der Weltwirtschaft und ihre Zukunft

http://www.bloomberg.com/​apps/​news?pid=20601087&sid=aBvlvvm.ISfo&refer=home .
    4
    »Remarks by Secretary Henry M. Paulson, Jr. on the U.S. Economy, Housing and Capital Markets, before the
Washington Post
200 Lunch«, 16. Mai 2008, online verfügbar unter http://www.ustreas.gov/​press/​releases/​hp981.htm .
    5
    Donald Luskin: »Quit Doling Out That Bad-Economy Line«,
Washington Post
, 14. September 2008.
    6
    Taleb:
The Black Swan.
    7
    Carmen M. Reinhart und Kenneth S. Rogoff:
This Time Is Different: Eight Centuries of Financial Folly
(Princeton, New Jersey: Princeton University Press, 2009).
    8
    Karl E. Case, John M. Quigley und Robert J. Shiller: »Comparing Wealth Effects: The Stock Market versus the Housing Market«,
Advances in Macroeconomics
5 (2005), 1–34.
    9
    |422| Siehe Gene Sperling: »Housing Bust Meets the Equity Blues«,
Bloomberg
, online verfügbar unter http://www.bloomberg.com/​apps/​news?pid=20601039&sid=a.mc Wxg9aJ_E; Alan Greenspan und James Kennedy: »›Sources and Uses of Equity Extracted from Homes‹, Working Paper 2007–20, Finance
     and Economics Discussion Series, Federal Reserve Board«, online verfügbar unter http://www.federalreserve.gov/​pubs/​feds/​2007/​200720/​200720pap.pdf .
    10
    Reinhart und Rogoff:
This Time Is Different
, 86–89, 101–111, 174–181.
    11
    Peter Bernholz:
Monetary Regimes and Inflation: History, Economic and Political Relationships
(Cheltenham: Edward Elgar, 2003), 53.
    12
    Siehe z. B. Peter M. Garber: »Tulipmania«,
Journal of Political Economy
97 (1989), 535–560; Anne Goldgar:
Tulipmania: Money, Honor, and Knowledge in the Dutch Golden Age
(Chicago: University of Chicago Press, 2007).
    13
    John Law:
A Full and Impartial Account of the Company of Mississippi
(London, 1720); Antoin E. Murphy:
John Law: Economic Theorist and Policy-Maker
(Oxford: Clarendon Press, 2007).
    14
    Rik G. P. Frehen, William N. Goetzmann und K. Geert Rouwenhorst: »›New Evidence on the First Financial Bubble‹, NBER Working
     Paper No. 15332«, September 2009.
    15
    Larry Neal: »The Financial Crisis of 1825 and the Restructuring of the British Financial System«,
Federal Reserve Bank of St. Louis Review
, Mai/Juni 1998, 53–76; Michael Bordo: »Commentary«,
Federal Reserve Bank of St. Louis Review
, Mai/Juni 1998, 77–82.
    16
    Walter Bagehot:
Lombard Street: A Description of the Money Market
(New York: E. P. Dutton, 1920), 190.
    17
    G. W. Van Vleck:
The Panic of 1857: An Analytical Study
(New York: Columbia University Press, 1943); Charles W. Calomiris und Larry Schweikart: »The Panic of 1857: Origins, Transmission,
     and Containment«,
Journal of Economic History
51 (1991), 807–834.
    18
    Charles P. Kindleberger,
Manias, Panics, and Crashes: A History of Financial Crises
(New York: Basic Books, 1978), 129–130.
    19
    Kindleberger:
Manias, Panics, and Crashes
, 132–133; Michael Bordo: »Discussion: The Panic of 1873 and Financial Market Volatility and Panics Before 1914«, Eugene White
     (Hg.):
Crashes and Panics: The Lessons from History
(Homewood, IL: Business One Irwin, 1990), 126–32.
    20
    Robert F. Bruner und Sean D. Carr:
The Panic of 1907: Lessons Learned
|423|
from the Market’s Perfect Storm
(Hoboken, New Jersey: John Wiley and Sons, 2009).
    21
    Milton Friedman und Anna J. Schwartz:
A Monetary History of the United States, 1867–1960
(Princeton, New Jersey: Princeton University Press, 1963), 299–419.
    22
    Kindleberger:
Manias, Panics, Crashes
, 139–140.
    23
    David M. Kennedy:
Freedom from Fear: The American People in Depression and War, 1929–1945
(New York: Oxford University Press, 1999).
    24
    Charles P. Kindleberger:
The World in Depression, 1929–1939
(Berkeley, California: University of California Press, 1986); Reinhart und Rogoff:
This Time Is Different
, 71–73, 111.
    25
    Michael D. Bordo und Barry J. Eichengreen (Hg.):
A Retrospective on the Bretton Woods System: Lessons for International Monetary Reform
(Chicago: University of Chicago Press, 1993), 3–108.
    26
    Peter M. Garber: »The Collapse of the Bretton Woods Fixed Exchange Rate System«, in Bordo und Eichengreen (Hg.):
Retrospective on the Bretton Woods System
, 461–494.
    27
    Timothy Curry: »The LDC Debt Crisis«, in FDIC Division of Research and Statistics:
History of the Eighties: Lessons for the Future
, Bd. 1 (Washington: FDIC, 1997), 191–210.
    28
    James H. Stock und Mark W. Watson: »Has the Business Cycle Changed and Why?«
NBER Macroeconomics