Sadly, this is still relevant today. If you’re like me, the competing partisan versions of what caused (and what pulled us out of) the depression are mind boggling. Like everything else, it’s as if we’ve been living in entirely different versions of reality. Here Newsweek’s Jonathan Alter and Council of Foreign Relations’ Amity Shlaes have a real conversation. Shlaes was just on Glenn Beck Friday where they didn’t have a real conversation.
This is a particularly interesting video because it took place just before our current economic nosedive.