Mises Wire
Author:
Mark Thornton
Online Publish Date:
great depression? The two main principles of Abenomics are a very loose monetary policy and a stimulative fiscal policy involving large government budget deficits. that the Hoover-Roosevelt period was really a continuum, that most of the “innovations” of the New Deal were in fact expansions or intensifications of Hoover wishes to increase real wages and employment in Japan, he must abandon the failed policies of the past that have only served to prolong economic depressions. Mark