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Professor: Current Crisis, Great Depression Differ

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September 22, 2008

As the country struggles with the current financial crisis, there have been the inevitable comparisons with the Great Depression. Marvin Goodfriend, an economics professor at Carnegie Mellon University's Tepper School of Business in Pittsburgh, tells Linda Wertheimer that while people are comparing this financial crisis to the 1930s, there are some big differences.

 
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