Thursday, February 6, 2014

Government interventionism in the Depression

And this is one of the reasons for the Great Depression of the 1930s: Government interventionism in the market.http://bastiat.mises.org/2014/02/does-barack-obama-realize-how-indebted-he-is-to-herbert-hoover/

Of note is also the Depression of 1920, which no one talks about, because government actually stayed out of the market and it was over within 1-2 years. My article from feb 2013:http://silvernjin.blogspot.sg/2013/02/1920-depression-that-no-one-talked-about.html

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