<html> <head><style type ="text/css">body { font-family: "Bloomberg Prop Unicode I", Verdana, sans-serif; font-size:125%; letter-spacing: -0.3pt; color: #FF9F0F; background-color: #000000; text-align: left; } p {line-height: 1.25em; max-width:900px; width:expression(document.body.clientWidth > 900? "900px": "auto" );} h1, h2, h3 { text-align: left; font-weight: normal; color: #FFFFFF; } h1 { font-size: 130%; } h2 { font-size: 115%; } h3 { font-size: 100%; } #bb-style { font-size: 90%; max-width:900px; width:expression(document.body.clientWidth > 900? "900px": "auto" ); } b, strong { font-weight: bold; } i, em { color: #FEC54A; } pre { font-family: "Andale Mono", "Monaco", "Lucida Console"; letter-spacing: -0.3pt; line-height: 1.25em; } table { border: 0; font-size: 90%; width: 100%; margin-left: auto; margin-right: auto; } td, tr { text-align: left; } td.numeric { text-align: right; } a:link { color:#53B2F5; text-decoration: none; } a:visited {color:#53B2F5} a:active {color:#53B2F5} a:hover {color:#53B2F5} </style> </head> <body> <p>By Kirsten Salyer</p> <p>Barcelona Graduate School of Economics on <a href="http://research.barcelonagse.eu/tmp/working_papers/578.pdf">debt and default in the age of Philip II<br></a>The Big Picture on <a href="http://www.ritholtz.com/blog/2012/05/how-we-ended-glass-steagall/">how we ended Glass Steagall</a><br> Marginal Revolution on <a href="http://marginalrevolution.com/marginalrevolution/2012/05/how-much-structural-unemployment-was-there-during-the-great-depression.html">structural employment during the Great Depression</a><br> Paul Krugman on <a href="http://www.nytimes.com/2012/05/14/opinion/krugman-why-we-regulate.html?_r=3">the historic reasoning for bank regulation</a> and Steve Horwitz's <a href="http://www.freebanking.org/2012/05/14/krugmans-misreading-of-us-banking-history/">response</a> <br> The History Project on <a href="http://www.histproj.org/">supporting the study of economic history</a><br> Foreign Afffairs on <a href="http://faculty.chicagobooth.edu/raghuram.rajan/research/papers/FA%20May%202012.pdf">lessons from the recession</a><br> Simon Johnson on <a href="http://thebrowser.com/interviews/simon-johnson-on-why-economic-history-matters">why economic history matters</a></p> <p>To read more from Echoes, Bloomberg View's economic history blog, <a href="http://www.bloomberg.com/view/echoes/">click here</a>.</p> </body> </html>