The Truth About FDR, The New Deal, and Managed Economics
Cory Truax @ July 18, 2010 # 3 Comments
The narrative is an established and popular one. President Herbert Hoover was a deregulation-crazed proponent of laissez faire, Austrian School economics who saw the economy crashing around him, and because he subscribed to a hands-off theory of government, the economy came crashing down into the Great Depression. Then along came the economic knight in shining […]
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The Change We’ve Been Waiting for? Stimulus and the “Summer of Recovery”
Cory Truax @ July 2, 2010 # One Comment
The discouraging economic news has been plenteous — and worse, completely predictable.
Unemployment numbers are absolutely dismal. The demand for manufactured goods is constricting. Existing and new home sales are plummeting. Even auto sales are plunging. The Dow Jones Industrial average has declined for six days in a row, dipping that economic indicator back below its […]
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