Ms. Shlaes' name was brought up on This Week this morning by Torie Clarke, one of the "roundtable" chatterboxes. Clarke urgently advised us to read Shlaes' book on the Great Depression lest we get too excited by the prospect of using government spending as a way to attack the current crisis.
Here's another attempt by Eric Rauchway to explain the flaws in Shlaes' work.
Sunday, November 30, 2008
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