The great recession and the great depression
"This paper discusses parallels between our current recession and the Great Depression for the intelligent general public. It stresses the role of economic models and ideas in public policy and argues that gold-standard mentality still holds sway today. The parallels are greatest in the generat...
| Main Authors: | , |
|---|---|
| Institution: | ETUI-European Trade Union Institute |
| Format: | TEXT |
| Language: | English |
| Published: |
Cambridge, MA
2009
NBER |
| Subjects: | |
| Online Access: | https://www.labourline.org/KENTIKA-19186851124919040339-The-great-recession-and-the-gr.htm |
| _version_ | 1771659892642283522 |
|---|---|
| author | National Bureau of Economic Research, Cambridge Temin, Peter |
| author_facet | National Bureau of Economic Research, Cambridge Temin, Peter |
| collection | Library items |
| description | "This paper discusses parallels between our current recession and the Great Depression for the intelligent general public. It stresses the role of economic models and ideas in public policy and argues that gold-standard mentality still holds sway today. The parallels are greatest in the generation of the crises, and they also illuminate the policy choices being made today. We have escaped a repeat of the Depression, but we appear to have lost the opportunity for significant financial reform." |
| format | TEXT |
| id | 19186851124919040339_68003b2c07dc4d59bf3aae574a5d36ea |
| institution | ETUI-European Trade Union Institute |
| is_hierarchy_id | 19186851124919040339_68003b2c07dc4d59bf3aae574a5d36ea |
| is_hierarchy_title | The great recession and the great depression |
| language | English |
| physical | 17 p. Digital |
| publishDate | 2009 |
| publisher | Cambridge, MA NBER |
| spellingShingle | National Bureau of Economic Research, Cambridge Temin, Peter comparison economic model economic recession financial market history The great recession and the great depression |
| thumbnail | https://www.labourline.org/Image_prev.jpg?Archive=116086893426 |
| title | The great recession and the great depression |
| topic | comparison economic model economic recession financial market history |
| url | https://www.labourline.org/KENTIKA-19186851124919040339-The-great-recession-and-the-gr.htm |