2014
Cairn
Pierre Muet, « Roosevelt Responds to the Crisis: Lessons for Economic Policies », Pouvoirs, ID : 10670/1.42bc05...
At a time when we are witnessing a lasting and disturbing parallel between the 1929 and 2008 crises in Europe, looking back at the economic policy of the man whose reforms revolutionized America and changed the course of history can teach us a wealth of lessons to respond to the current crisis. The generalization, after the war, of the radical measures taken by Roosevelt in the economic domain – separation between commercial banks and investment banks, creation of a welfare state, fiscal reform – ushered in the long post-war period of financial stability and prosperity.