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Did FDR Prolong the Great Depression?

April 26, 2017cities depression FDR forum great Prolong

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Did FDR Prolong the Great Depression?

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From the UCLA department of economics in the Journal of Political Economy , Harold Cole and Lee Ohanian agree with my analysis. FDR’s policies prolonged Depression by 7 years, UCLA economists calculate / UCLA Newsroom “This is exciting and valuable research,” said Robert E. Lucas Jr., the 1995 Nobel Laureate in economics, and the John Dewey Distinguished Service Professor of Economics at the University of Chicago. They must be crackpots as well.