Great Myths of the Great Depression by Lawrence W. Reed Many volumes have been written about the Great Depression and its impact on the lives of millions of Americans. Historians, economists, and politicians have all combed the wreckage searching for the "black box" that will reveal the cause of this legendary tragedy. Sadly, all too many of them decide to abandon their search, finding it easier perhaps to circulate a host of false and harmful …
showed first 75 words of 2949 total

showed last 75 words of 2949 total
…W. Poulson, Economic History of the United States (New York: Macmillan Publishing Co., Inc., 1981), p. 508. 6. Paul Johnson, A History of the American People (New York: HarperCollins Publishers, 1997), p. 741. 7. Martin Morse Wooster, "Bring Back the WPA? It Also Had A Seamy Side," Wall Street Journal, September 3, 1986, p. A26. 8. Sennholz, pp. 212-13. 9. Robert Higgs, "Regime Uncertainty: Why the Great Depression Lasted So Long and Why Prosperity Resumed After the War," The Independent Review, Spring 1997, p. 573. 10. Ibid., p. 564.