What saved the economy, and the New Deal was the enormous public-works project known as World War II, which finally provided a fiscal stimulus adequate to the economy's needs. (Paul Krugman)

What saved the economy, and the New Deal was the enormous public-works project known as World War II, which finally provided a fiscal stimulus adequate to the economy's needs.

Paul Krugman

Related topics

deal economy fiscal known needs project stimulus war world

Related quotes

A process which led from the amœba to man appeared to the philosophers to be obviously a progress - though whether the amœba would agree with this opinion is not known. View quote
Bertrand Russell
If we desire to avoid insult, we must be able to repel it; if we desire to secure peace, one of the most powerful instruments of our rising prosperity, it must be known, that we are at all times ready for War. View quote
George Washington
It is the mind which creates the world around us, and even though we stand side by side in the same meadow, my eyes will never see what is beheld by yours, my heart will never stir to the emotions with which yours is touched. View quote
George Gissing
Music is the one incorporeal entrance into the higher world of knowledge which comprehends mankind but which mankind cannot comprehend. View quote
Ludwig van Beethoven
Much reading is an oppression of the mind, and extinguishes the natural candle, which is the reason of so many senseless scholars in the world. View quote
William Penn