Problem
Examine the evolution of Fiscal Policy in the United States since the Great Depression. This paper will flow like a timeline that identifies major figures, events and policies that shaped the ideological approach to government intervention since the 1930s.
Include these:
Some pointers that MUST be included (this is not exhaustive)
a) The neo-classical self-correction argument
b) The Panic of 1873
c) The Panic of 1893
d) The Panic of 1907
e) The Great Depression
f) Keynesian Theory
g) Sticky Wages
h) Sticky Prices
i) The Multiplier
j) The Aggregate Expenditures Model
k) Liquidity Trap
l) Paradox of Thrift
m) The Great Recession
n) Deficits and Crowding Out
o) Modern Monetary Theory
p) The 1980 election and the rise of Reagan.