Reading the economic history of the collapse of 1929 to 1933 is really hard to get through without giving yourself a concussion from banging your head against the desk. So much stupidity.
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Amity ShlAes wrote perhaps the dumbest book of all time on the subject, arguing that government spending didn’t stop the depression but the spending on WW2 did.pic.twitter.com/IwvRGHsQFD
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Lack of info? I read your book... was it not an extended argument that government spending did not end the depression?
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The question about the great depression is not whether the war ended it, but why the depression lasted all the way to the war.
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Ce Tweet est indisponible.
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Krugman's take is the opposite. i.e. that spending and supports were pulled too early.
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Le chargement semble prendre du temps.
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