The 1929 Crash and the Great Recession of 2008

Even John Kenneth Galbraith was optimistic that the world since John Maynard Keynes would not adopt pro-cyclical policies against a 1929-style crash and thereby avoid another Great Depression. In 2008, he was momentarily right. By 2010, he turned out to be wrong. Why?

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Year of publication:	2012
Authors:	Kitromilides, Yiannis
Published in:	Challenge. - M.E. Sharpe, Inc., ISSN 0577-5132. - Vol. 55.2012, 1, p. 5-22
Publisher:	M.E. Sharpe, Inc.

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Extent:	text/html
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

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