Great Depression II
AbstractThis economist argues that fiscal and monetary stimulus likely saved us from a Great Depression. He explains clearly how and why Keynesian stimulus works, but he also argues that deficit spending cannot go on indefinitely. When the economy strengthens, that is the time to deal with government spending, not before. He offers a plan to do so.
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Bibliographic InfoArticle provided by M.E. Sharpe, Inc. in its journal Challenge.
Volume (Year): 54 (2011)
Issue (Month): 1 (January)
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Web page: http://mesharpe.metapress.com/link.asp?target=journal&id=106043
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- Laurence Seidman, 2011. "Keynesian Fiscal Stimulus: What Have We Learned from the Great Recession?," Working Papers 11-11, University of Delaware, Department of Economics.
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