Writing

What are the Minsky and Austrian explanations for the causes of the Great Depression and Recessions? How do the the respective explanations for the causes differ? Explain how the proponents of government stimulus believe that it will affect aggregate demand and employment (be specific!). How might the recently enacted $1.9 trillion COVID-19 government stimulus possibly slow rather than accelerate a recovery from the decimation of the U.S. economy traceable to the management/mismanagement of the pandemic.?