Chris Edwards, the Director of Tax Policy at the Cato Institute, wrote a pithy article on policy decisions (he calls them “blunders”) by the Fed, Congress, and the Hoover and Roosevelt administrations that contributed to the depth and length of the Great Depression. Whether you agree with his conclusions or not, the article provides a lot of good facts that are often excluded from modern versions of the history of that era.

The Government and the Great Depression (PDF)

JT

 

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