Economic Update: The Great American Purge
- Length
- 00:29:30
- Producer
- Daniel Niswander
- Category
- Informational Talk Show
- Comments
- Economic Update: [S8 E24] The Great American Purge This week’s episode of Economic Update is a little different from the usual program. Professor Wolff begins by explaining the economics behind the great U.S. anti-leftist purge (“McCarthyism”) after 1945. It then shows the economic impacts of that purge over the last half century. In the second half, Prof. Wolff explains how that history produced a very different political response to the crash of 2008 compared to FDR’s response in 1929.
