Econ Cage Match: Friedman vs Keynes
and "worst since" patterns we've enjoyed all of 2008, last week was the "best weekly return since the Great Depression"; in a very short week to boot. No surprise since we are coming off a 3 month "worst of". Similar to what we've seen
He went further, claiming that the Federal Reserve caused the great depression. In fact monetary policies were somewhat effective against recession during most of the later half of the twentieth century, and an anti-Keynesian attitude
The lessons of Japan's stumbling path out of deflation and recession suggest that government spending can help stave off an extended recession, but it may take years not months and require an unlikely combination of political will and
Next:Plaxico Burress is Harris Smith
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