The Great Depression – Now and Then
The public, these days, is cheering on a government that is repeating the mistakes of 1929 one by one. It is thus necessary to outline the parallels between 1921-1933 and 2001-2008: The Inflationary...
View ArticleAusterity, Hoover, Wars & The Great Depression
My 2 cents about the following statement from a NYT article: But no matter how morally satisfying austerity may be, it’s the wrong answer. Hoover’s austere instincts worsened the Depression....
View ArticleDebate: Hoover, Wars, Municipalities & The Great Depression
Here is a little back and forth on the matter of Hoover, Wars, and The Great Depression. First my original clip: Here a Youtuber’s response: And my response to the response:
View ArticlePaul vs. Krugman
Ron Paul debates Paul Krugman on monetary policy and economic history: The most instructive point in this discussion, in my opinion, is where Krugman flat out exposes his ignorance about the essence of...
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