Hannsgen, Greg; Papadimitriou, Dimitri B. - Levy Economics Institute - 2009
Since the current recession began in December 2007, New Deal legislation and its effectiveness have been at the center … during the Great Depression and have since become the focus of criticism by new New Deal critics: (1) regulatory and labor … Deal–era laws in the two controversial policy areas noted above. In fact, we suggest that the New Deal provided effective …