Choose two of the following lectures. Listen to them and submit 2 summary

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Economics
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Choose one of the following lectures. Listen to them and submit a summary that is at least one page in length (single spaced).

1. Higgs on the Great Depression

Robert Higgs, of the Independent Institute, talks with EconTalk host Russ Roberts about the Great Depression, the New Deal, and the effect of World War II on the American economy. Using survey results, financial data, and the pattern of investment in the 1930s, Higgs argues that New Deal policies created a climate of uncertainty that prolonged the Great Depression. Using consumption data, he argues that prosperity did not return during wartime, but rather after the war when government intervention in the economy subsided.

http://www.econtalk.org/archives/2008/12/higgs_on_the_gr.html

2. Fazzari on Keynesian Economics

Steve Fazzari, of Washington University in St. Louis, talks with EconTalk hostRuss Roberts about Keynesian economics. Fazzari talks about the paradox of thrift, makes the case for a government stimulus plan, and weighs the empirical evidence for a Keynesian worldview.

http://www.econtalk.org/archives/2009/01/fazzari_on_keyn.html

3. Boettke on the Austrian Perspective on Business Cycles and Monetary Policy

Peter Boettke, of George Mason University, talks with EconTalk host Russ Roberts about the Austrian perspective on business cycles, monetary policy and the current state of the economy.

http://www.econtalk.org/archives/2009/01/boettke_on_the.html


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