In this blog, I will talk about the progress of my research but, more importantly, I want to comment on the use of historical evidence in debates about the current crisis. This is not primarily about 'fact checking' (although there will be a little bit of that). Mainly, my question will be, whether the historical analogies and examples cited by commentators make sense. And if so: what does the past have to tell us about our present crisis?
I will post more about the project and the blog soon. But now I want to start with the first post. Yesterday's 'Financial Times' had a great piece of historical comparison. Let's see how great it really was.