Professor: Current Crisis, Great Depression Differ 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, says that while people are comparing this financial crisis to the 1930s, there are some big differences.
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Professor: Current Crisis, Great Depression Differ

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Professor: Current Crisis, Great Depression Differ

Professor: Current Crisis, Great Depression Differ

Professor: Current Crisis, Great Depression Differ

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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.