office, however, he quickly abandoned this orthodoxy in favor of an ad-hoc approach to the recovery problem.
One did not need to be a Keynesian theorist, or even to have heard of Keynes, to realize that spending cuts could only lead in the short term to further unemployment, u
Keynesian Theory and the New Deal. (1969, December 31). In LotsofEssays.com. Retrieved 19:33, May 18, 2024, from https://www.lotsofessays.com/viewpaper/1694164.html
Lots of Essays. "Keynesian Theory and the New Deal." LotsofEssays.com. LotsofEssays.com, (December 31, 1969). Web. 18 May. 2024.
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