Since the Great Depression, presidents have frequently experimented with Keynesian economics to combat recessions. Three economists chronicle the history of government policy during past recessions and explain what worked and what didn’t.
Monday, January 26, 2009
How the Government Dealt With Past Recessions
The January 26, 2009 New York Times article How the Government Dealt With Past Recessions provides an interactive graph to illustrate the U.S. economic recessions that began in 1960, 1969, 1973, 1980, 1981, 1990, and 2001: