Monday, May 23, 2016

What Really Caused The Great Depression?





 In the aftermath of the Stock Market Crash of October 1929, financial panic gripped the United States of America. The Great Depression (1929-1941) was the longest-lasting sustained economic downturn in the history of the Western industrialized world.

Foundation for Economic Education President Lawrence W. Reed joins Stefan Molyneux to debunk the conventional view and they discuss the central role that government policy played in fostering this legendary catastrophe.

Lawrence W. Reed is the President of the Foundation for Economic Education and the author of many books, including “Great Myths of the Great Depression.”






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