Tag Archives: Great Depression

Fragile by Design: Bubbles, Mania’s & Credit Cycles

Ten years ago, the U.S. entered a Great Depression.  A decade on, the depression still occupies a strange place in the American psyche. America suffered a cumulative loss of output equaling $4trillion.  By any measure, working stiff’s haven’t recovered.  Many … Continue reading

Posted in Macro-economics, Macroeconomics, Uncategorized | Tagged , , , , , , , , | 1 Comment

The Great Depression, Keynesian Economics & Growth of Productvity

Dr. Cole is professor of political economy at the University of Pennsylvania, he as written a very profound book detailing how Roosevelt’s economic policies during the Great Depression did in fact hamper recovery.  This is not a purely academic debate, … Continue reading

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