Monday, February 2, 2009

What caused the Depression? Opinion: Policies Prolonged Depression - WSJ.com

Here is hoping that we learned our lesson since the 1930s.The WSJ ran a good op/ed piece by Harold L. Cole and Lee Ohanian describing how government policies helped create the Great Depression. As we ponder what the role of government should be in helping the economy to recover from the current recession, politicans could do much worse than to read this!Opinion: Policies Prolonged Depression -

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