Well, i think a key difference is that the Works Progress Administration directl... | Hacker News

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knowtheory on Aug 11, 2011 | parent | context | favorite | on: An Idea for the Economy that will Freak Out a lot ...

Well, i think a key difference is that the Works Progress Administration directly employed people (as far as my understanding goes).

http://en.wikipedia.org/wiki/Works_Progress_Administration

The difference in what Cuban is suggesting is that he's just asking why the government can't loan directly to businesses to hire.

seats on Aug 11, 2011 [–]

Right, but that's why I'd say it is a modern take on it. It actually makes the program more like an opportunistic specialized VC/investment bank combo.

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