Re: [Pen-l] Doubts over effectiveness of pump-priming

To: Progressive Economics <pen-l@xxxxxxxxxxxxxxxxxx>
Subject: Re: [Pen-l] Doubts over effectiveness of pump-priming
From: Jim Devine <jdevine03@xxxxxxxxx>
Date: Sat, 10 Jan 2009 09:50:12 -0800
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Nicholas von Hoffman writes:
>In the 1930s, when a reluctant Franklin Roosevelt decided to try Keynes-Hansen deficit spending, the overall situation was different from the one we are trying to live through. <

FWIW, FDR didn't try Keynes-Hansen maneuver (except halfheartedly)
until WW2 was ramping up.

-- 
Jim Devine / "Segui il tuo corso, e lascia dir le genti." (Go your own
way and let people talk.) -- Karl, paraphrasing Dante.
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References:
- [Pen-l] Doubts over effectiveness of pump-priming
  - From: Louis Proyect

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Thread context:
- [Pen-l] How the Entire Economics Profession Failed, Louis Proyect Sat 10 Jan 2009, 13:32 GMT
  - Re: [Pen-l] How the Entire Economics Profession Failed, Jim Devine Sat 10 Jan 2009, 17:44 GMT
    - Re: [Pen-l] How the Entire Economics Profession Failed, Jim Devine Sat 10 Jan 2009, 17:56 GMT
- [Pen-l] Doubts over effectiveness of pump-priming, Louis Proyect Sat 10 Jan 2009, 13:26 GMT
  - Re: [Pen-l] Doubts over effectiveness of pump-priming, Jim Devine Sat 10 Jan 2009, 17:24 GMT
- [Pen-l] new radio product, Doug Henwood Fri 09 Jan 2009, 21:07 GMT
- [Pen-l] fighting old battles?, Jim Devine Fri 09 Jan 2009, 17:20 GMT
- [Pen-l] fixing the municipal bond market, Jim Devine Fri 09 Jan 2009, 16:41 GMT
- [Pen-l] Crime & Punishment 2009 style, Jim Devine Fri 09 Jan 2009, 16:39 GMT

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