Many credit New Deal policies with pulling the U.S. out of the Great Depression. However, FDR's plan was a mixed bag which in many cases prolonged the Great Depression.
Check out this great Wall Street Journal article by University of Pennsylvania professor of economics Harold Cole and UCLA professor of economics Lee Ohanian.
Monday, February 2, 2009
How Government Prolonged the Depression - No Stimulus Package Blog
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment