Friday, March 6, 2009

Murphy Calls Out DeLong

So did Hoover really say in his autobiography that, during his administration economic policy was made by quote "the leave-it-alone liquidationists headed by my Secretary of the Treasury Mellon, who felt the government must keep its hands off the economy and let the slump liquidate itself"?

The truth is here in a Murphy first-round knockout of Brad DeLong.

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