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Biljana Plavsic, a Former Bosnian Serb Political Leader, Has Died
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Biljana Plavsic, a Bosnian Serb, pleaded guilty to one count of crimes
against humanity. She later recanted and said she “would do the same again.”
33 minutes ago
The effects of the Keynesian-style deficit spending that the administration had been engaged in under the terms of the early New Deal, the President was advised to cut the budget, reduce deficit spending and tighten the money supply as a means to stave off inflation. Heeding their word (and no economist himself), FDR did just that.
ReplyDeleteThe results were an unmitigated disaster.