As the two protagonists battle wits, a subplot becomes evident: choices must be made between the old order and the new order. The sturdy Brom Bones, with his practical, quaint Dutch upbringing, is a cog in a hole (or the whole, that is the village). Brom fits Tarry Town, and his rowdy mischievous nature functions as a pleasant diversion in the quiet little village. Brom represents the virtues of the old, tried-and-true order of the original settlers of the Sleepy Hollow area. Should Katrina choose Brom, she knows exactly what she will be getting. Not much will change in Katrina's life, one assumes, should she decide to marry the local fellow. Brom would be likely to assume some lesser role in the operations of his father-in-law's farm, which means that the happy couple will remain under the watchful eye of Katrina's doting father. Perhaps, over time, Brom will win over his father-in-law, if only because Brom brings a strong and willing back -- coupled with an irresistible good nature -- to the stoic existence of those who make their living from the soil.
Crane, on the other hand, represents a new order -- or at least he approximates what a new order could be. What is of particular interest is that Crane is so myopic: as a learned man, it is fair to expect him to be sophisticated enough to not be so very superstitious. Because of his slight build, he can be forgiven his timidity -- which is in high contrast to Brom's temerity. Crane's slight build may also be the result of an inadequate diet. As...
To wit: In 1990, short-term interest rates were driven from 9% down to 3%, and in 2001, the rates were driven from 6.5% to 1%. The 2008-2009 recession saw rates drop from 5.25% to zero. But this "zero lower bound" just caused investors to hoard cash and not lend -- the recession deepen and monetary policy could not gain traction. When the private sector won't spend and monetary policy
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