Tuesday, June 8, 2010

Article Submitted!

I just submitted my 1920-21 depression article to the Review of Austrian Economics! I've had one dinky little article published in a minor journal before, and I recently submitted one to a bigger journal for work - but this is my first that isn't co-authored and is on a topic of my choosing.

The version I submitted is very different from the draft that's been up on SSRN. I had to cut it considerably to make it a more appropriate length. At some point, I expect to write two articles that are built up from the sections I cut:

1. The reasons why Benjamin Strong advocated cutting the discount rate in
1920 (it's a subject of some dispute in the literature which I weighed in on in
the initial draft, and

2. Harding's Conference on Unemployment, which was headed by Commerce
Secretary Herbert Hoover (interesting, misunderstood, but ultimately a little
tangential for the paper).

I'm not considering writing those up any time soon, but perhaps in the future since I've got a good base of text to work from. I feel like I could write a book about this episode (perhaps I will some day). I can delve into it a lot more than what I did in this article, and I think it has reprecussions and ramifications for how people thought about economic policy making far beyond what I covered in this article.

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