Friedman Grande Depressão

Did Krugman Catch a Contradiction in Friedman's Great Depression Work? by Luis Pablo de la Horra Either the Great Depression was caused by government intervention (let us not forget that the Fed is a semi-public corporation) or it was brought about by the passivity of the US monetary authorities to actively respond to the crisis. According to Krugman, both arguments cannot be sustained simultaneously. READ MORE HERE Veja também