If government will back out of the current economic downturn, the economy will correct itself like it did during the recession of the 1920s, Amity Shlaes said in her lecture, “What Threatens the American Economy Today,” given Friday. Shlaes was the final speaker in a three-part lecture series funded by the Apgar Foundation and sponsored by The Project on Liberty and American Constitutionalism. In the lecture, Shlaes explains how American government has too much power in the economy and shows this by relating circumstances from the Great Depression in the 1930s to the current recession. ...
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