Ep. 804 Revisiting the Depression You’ve Never Heard Of

For a long time, nobody wanted to discuss the Depression of 1920-21, since it reversed itself without fiscal or monetary stimulus. But after a few other scholars and I started making hay with this example, Keynesian critics crawled out of the woodwork. My guest today responds, and vindicates our view.
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This post was published at The Tom Woods Show on 16th December 2016.