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AGelbert

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Re: Money
« Reply #480 on: December 13, 2018, 08:08:49 pm »
Economic Update: The Great American Purge

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Democracy At Work

Published on Dec 10, 2018

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Economic Update: [S8 E24] The Great American Purge

This week’s episode of Economic Update is a little different from the usual program. Professor Wolff begins by explaining the economics behind the great U.S. anti-leftist purge (“McCarthyism”) after 1945. It then shows the economic impacts of that purge over the last half century.

In the second half, Prof. Wolff explains how that history produced a very different political response to the crash of 2008 compared to FDR’s response in 1929.


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Category News & Politics
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