North America's Lost Decade?: The Munk Debate on the North American Economy by Lawrence Summers & David Rosenberg & Paul Krugman & Ian Bremmer

Author:Lawrence Summers & David Rosenberg & Paul Krugman & Ian Bremmer
Language: eng
Format: mobi
ISBN: 9781770892002
Publisher: House of Anansi Press
Published: 2012-03-20T00:00:00+00:00

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1 British economist John Maynard Keynes (1883–1946). His advocacy of governmental monetary and fiscal programs to stimulate employment and spending dominated Western economic policy from the immediate postwar years to the early 1970s.

2 In September 2008, during tension-filled negotiations to get the Troubled Asset Relief Program (TARP) through the U.S. House of Representatives, Treasury Secretary Henry “Hank” Paulson got down on bended knee to ask House Speaker Nancy Pelosi, a Democrat, for her party’s support. The $700 billion bank bailout bill was eventually signed into law by President George W. Bush the following month.

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