The 1929 Crash and the Great Recession of 2008
Even John Kenneth Galbraith was optimistic that the world since John Maynard Keynes would not adopt pro-cyclical policies against a 1929-style crash and thereby avoid another Great Depression. In 2008, he was momentarily right. By 2010, he turned out to be wrong. Why?
Volume (Year): 55 (2012)
Issue (Month): 1 (January)
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