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    The Gold Standard, FDR, and the Recovery of 1933

    From aier.org|30 hr ago

    There is no more heavily debated topic within macroeconomics than the causes of the Great Depression and why it came to an end. Even 80 years later, theories abound. And new theories keep coming. A recent NBER working paper by Margaret M. Jacobson, Eric M. Leeper, and Bruce Preston puts forward a compelling new theory. They argue that FDRs policies helped pull the United ...

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