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IPFS News Link • American History

Which Strategy Really Ended the Great Depression?

09-03-2014 • arclein

Before and during the war Keynes?s ideas swept through the United States and first transformed the universities, then the political culture of the day. With statistics in hand and a near reverence for government, the Keynesians were the new generation of planners. They wanted to remake society. Not entrepreneurs, but economists were needed to gather data, plan government programs, and regulate economic development.

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