There is a lot of controversy of the effectiveness or failure of the New Deal. Here is a long (35:31) but incredibly informative discussion on the old new deal and the possible new new deal. Pay close attention to the American economists Russ Roberts and Lee Ohanian.
Subscribe to:
Post Comments (Atom)
Very interesting when the Canadian economist points out that during the Depression that the United States had 2 activists presidents and Canada had 2 passive prime ministers yet Canada still recovered faster than the United States even though Canada was hit harder peak to trough
ReplyDelete