I am not an economist, but I know how to create an html link. Here are some articles that I have found helpful in getting my mind around the present economic tornado.
Justin Taylor interviews David Kotter, a former economics professor and finance manager for the Ford Motor Company. Kotter summarizes the situation and explains its implications for the wider economy and for individuals.
Conor Friedersdorf provides us with five important links to help us get our mind around what is happening.
Finally, Dr. Albert Mohler articulates a Christian view of the Economic Crisis;
Christians should think seriously about this economic crisis and ponder what it would mean to come to a Christian understanding of what it means to be participants in this economy. As Adam Smith recognized, the economy is a moral reality. Human beings actualize their moral selves in making economic choices and through participation in the economic system — and we are all participants.
Christians should look at the economy as a test of our values. The Bible values honest labor and dedicated workers, and so should we. The Bible warns against dishonest business practices, and we must be watchful. False valuations are, in effect, lies. Dishonest accounting practices are just sophisticated forms of lying. Insider information is a form of theft.
The Bible honors investment and thrift, and Christians must be wary of the impulse for short-term gains and pressure for instant profit. Over the long-haul, the entire economy must prosper if the vast majority are to do well and realize a responsible gain.
Thus, the current crisis sheds light on what happens when things get out of control, when various pressures distort the proper operation of the markets, and when irrational valuations entice investors to make poor investments. Dishonesty enters the picture at many levels, and the individual investor is too often left in the dark.