Sunday, January 04, 2009

Revisiting the New Deal

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.

1 comment:

  1. 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


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