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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En réponse à @SeanTrende @benshapiro
Amity Shlaes and Scott Sumner have two interesting books on the period. It's just astonishing to see FDR using multiples of seven to set the price of gold b/c it was lucky, and the way rumors of gold flows dominated newspaper headlines is frankly terrifying.
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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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En réponse à @calebhell @TallDave7 et
Vilification correlates to lack of info?
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En réponse à @AmityShlaes @TallDave7 et
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.
Le chargement semble prendre du temps.
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