Showing posts with label Fiscal Austerity Keynes great depression cut spending. Show all posts
Showing posts with label Fiscal Austerity Keynes great depression cut spending. Show all posts
Wednesday, July 7, 2010
Fiscal Austerity
Keynesians would say that the U.S. created the Great Depression because it cut spending. Today I read a convincing perspective that provides reasoning against this line of thinking, titled Liquidate, Liduidate, Liquidate.
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