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Subject:
HES: QUERY -- "Sloom and Bump"
From:
[log in to unmask] (Daniele Besomi)
Date:
Fri Mar 31 17:19:13 2006
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=================== HES POSTING ===================== 
 
In the 1948 edition of "Money", p. 184, D. Robertson writes that the great 
slump was retrospectively described as "a sloom followed by a bump", but 
provides no reference. 
 
In 1939, James Meade seemed to attribute the expression to Hayek, but the 
reference is not clear nor explicit. 
 
Does anyone know where this expression originated? Thank you 
 
Daniele Besomi 
 
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