In Economics, Geopolitical Economy, Politics, States and Nations

Published on Anne Pettifor’s Debtonation website, this short piece argued that the US and other governments had vastly underestimated the size of the ‘stimulus’ needed to get their countries out of the 2008 recession. It criticised the common view that the US recovery stemmed from the New Deal and showed that the real source of the recovery was US wartime government investement, amounting to nearly 50% of GDP at its height.

Loader Loading…
EAD Logo Taking too long?
Reload Reload document
| Open Open in new tab

Download [47.71 KB]

Leave a Comment

Contact Us

We're not around right now. But you can send us an email and we'll get back to you, asap.

Not readable? Change text. captcha txt

Start typing and press Enter to search