Email Story

Understanding Fiscal Policy During the Great Depression

Stefan Karlsson's blog found this 11/10/2008 on marginalrevolution.com

My little spat with with Rauchway regarding unemployment during the Great Depression draws in Paul Krugman .  Krugman doesn't respond to any of my arguments but he does give us the old line that fiscal policy didn't fail during the Great Depression it wasn't tried. Now, you might say ...