Thursday, May 2, 2013

Did World War II End the Great Depression?

Tom Woods alerts us that the never-ending Robert Reich is still claiming that World War II ended the Great Depression. Woods has, on his Liberty Classroom page, a brief video explaining why Reich is wrong why it is a fallacy to think that the War got us out of the Great Depression. On the same page Woods posts a longer lecture by one of the greatest economic historians of our time, Robert Higgs. Highly recommended.

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