http://georgereismansblog.blogspot.com

We periodically feel the effects of recessions in the U.S. Based on what you have been learning in this class, what generally causes recessions? How does Fed policy contribute to recessions? What, if anything, do you think can be done to help solve the problem of recessions? The government often bails out companies and provides many "stimulus packages." What effects do these have on the stability of the financial system--and the economic system in general? Do government bailouts help individuals act in a financially responsible manner and run their businesses effectively? Why or why not?

The article is titled Economic Recovery Requires Capital Accumulation Not Government 'Stimulus Packages,' Parts I and II. Read both parts of this article before posting. You will need to scroll down once you go to this website to see part I. Both parts provide an excellent explanation of what recovery from a recession and economic crisis requires. The article focuses on the recession of 2008-10 (the "Great Recession"), but the ideas discussed in the article can be applied to any monetary induced recession or depression.

http://georgereismansblog.blogspot.com