Stimulus: A History of Folly

by Benjamin Domenech on 12:31 am March 14, 2009

James Glassman breaks down the lack of historical solutions to the worst downturn since the 1930s. “For three-quarters of a century, economists have been studying it diligently. And even now they cannot come to a definitive conclusion about the cause of that depression, the reasons for its severity and duration, or what cured it.”

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