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Fiscal Stimulus, Job Creation, and the Economy: What Are the Lessons of the New Deal?
Hannsgen, Greg; Papadimitriou, Dimitri B.
Levy Economics Institute of Bard College, October 2009, 5p
"As the nation watches the impact of the recent stimulus bill on job creation and economic growth, a group of academics continues to dispute the notion that the fiscal and job creation programs of the New Deal helped end the Depression. The work of these revisionist scholars has led to a public discourse that has obvious implications for the controversy surrounding fiscal stimulus bills."
Research Scholar Greg Hannsgen is a member of the Levy Institute Macro-Modeling Team. Dimitri B. Papadimitriou heads the Levy Institute's macroeconomic modeling team.
Go to the report
at:
http://www.levy.org/pubs/pn_09_10.pdf

B20/04-09 Posted November 6, 2009

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