Writing in the New York Times, economist Tyler Cowen of George Mason University argued: In short, expansionary

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Writing in the New York Times, economist Tyler Cowen of George Mason University argued:
In short, expansionary monetary policy and wartime orders from Europe, not the well-known policies of the New Deal, did the most to make the American economy climb out of the Depression. Is Cowen’s position more consistent with that of Robert Gordon or that of Robert Higgs? Briefly explain.

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Money, Banking, and the Financial System

ISBN: 978-0134524061

3rd edition

Authors: R. Glenn Hubbard, Anthony Patrick O'Brien

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