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Great Myths of the Great Depression

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Description: Critique of some established views about the Great Depression of 1929-1941 written by the economist Lawrence W. Reed.
Great Myths of the Great Depression [Mackinac Center] Great Myths of the Great Depression (Editor's note: This publication was updated in April 2010.) Students today are often given a skewed account of the Great Depression of 1929-1941 that condemns free-market capitalism as the cause of, and promotes government intervention as the solution to, the economic hardships of the era. In this essay based on a popular lecture, Mackinac Center for Public Policy President Lawrence W. Reed debunks the conventional view and traces the central role that poor government policy played in fostering this legendary catastrophe.
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Page title:Great Myths of the Great Depression [Mackinac Center]
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Description:An article on liberty and free markets as sound public policy for Michigan.
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Creation Date: 1996-07-18T04:00:00Z
Expiry Date: 2019-07-17T04:00:00Z