korrents

A korrentour reading

After Schumpeter wrote, most recessions were caused by bursting asset price bubbles, monetary policy mistakes, or sharp oil price increases.

Drawn from what Tyler Cowen said

What is a korrent?

A korrent — “current”, with a K — is our reading of what someone said: one sentence, drawn from their own words below. People put the same thought in different words; a korrent tries to name the thought they share, so that what several people mean can be set side by side, and followed as it changes.

It is an approximation, and it is ours. The quotes are theirs, word for word, and where the two differ, the quote is the fact. Read more →

What Tyler Cowen actually said

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  1. TC

    Tyler Cowen 1 Oct 2023

    As it turns out, after Schumpeter wrote most recessions were caused by either the bursting of asset price bubbles, monetary policy mistakes (unnecessary deflations), or sharp increases in the price of oil.

    GOAT: Who is the Greatest Economist of all Time and Why Does it Matter?tylercowen.com

First recorded here 1 Oct 2023 · How quotes work

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