Eric RauchwayFeb 22, 2016
The Money Makers
How Roosevelt and Keynes Ended the Depression, Defeated Fascism, and Secured a Prosperous Peace
Basic Books 2015
We've been hearing a lot about economist John Maynard Keynes' midcentury economic plans for the U.S. since the beginning of the financial crisis in 2008. Are the measures that Keynes and FDR took to combat the Depression in 2008 relevant to the present? What is the difference between fiscal and monetary policy, and how might changing our national approach to the monetary supply help our economic circumstances? Listen to Eric Rauchway discuss his book The Money Makers: How Roosevelt and Keynes Ended the Depression, Defeated Fascism, and Secured a Prosperous Peace (Basic Books, 2015) and find out!