21
Feb
2009
How the Government Dealt With Previous Recessions
This is a really neat idea by the New York Times. They got a few big guns to discuss the government’s moves during previous recessions. Unfortunately, the three economists all cling to the Keynesian/monetarist view that government spending and money printing boost the economy, with the only downside being rising prices. (Somebody else, who claims to be an Austrian business cycle theorist, holds the exact same view apparently without realizing that his analysis is identical to that of mainstream, NYT-approved gurus.)
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