Great Depression II
This 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.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 54 (2011)
Issue (Month): 1 (January)
|Contact details of provider:|| Web page: http://mesharpe.metapress.com/link.asp?target=journal&id=106043|
When requesting a correction, please mention this item's handle: RePEc:mes:challe:v:54:y:2011:i:1:p:32-53. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Chris Nguyen)
If references are entirely missing, you can add them using this form.