replies to this show that apparently everyone still thinks the great depression was caused by the stock market crash
https://twitter.com/sgodofsk/status/1317279760976875520 …
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im not shitting on you if this was your knowledge of things how would you know better, apparently? just horrified
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fwiw the great depression was actually in the US more like two separate recessions causes were polycausal and complex major contributing factors to the long duration of it included repeated bank failures and fucked up contractionary monetary policy
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schwartz and friedman have a good chapter on the history of it in A Monetary History of the United States Bernanke is a noted modern scholar of the Depression incidentally
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ehhhhhh you could I found it pretty dry honestly but I never enjoyed macro policy much
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