Done. For starters that letter was sent in 1934 and mentioned a cure in six months. The depression lasted until 1940-41
If the government didn't borrow and spend like lunatics we would have recovered much sooner. Kind of like what's happening now, the money we spent did nothing but prolong the misery. This recession would be long past us if we didn't engage in Keynesian economics. Now your turn, read this and tell me how Friedman was wrong: http://www.thefreemanonline.org/featured/the-great-depression-according-to-milton-friedman/ . On Tue, Apr 12, 2011 at 10:15 AM, Maureen <[email protected]> wrote: > > Just as an interesting experiment, go here and read his advice to > Roosevelt and tell us how he is wrong. > > http://newdeal.feri.org/misc/keynes2.htm > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Order the Adobe Coldfusion Anthology now! http://www.amazon.com/Adobe-Coldfusion-Anthology/dp/1430272155/?tag=houseoffusion Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:336203 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm
