The Great Depression
The Great Depression was a global economic downturn that endured from 1929 to 1941. The initial downturn began soon after central banks tightened the money supply in 1928. As national governments increased their central banks’ gold stock, an international gold deflation depressed prices and increased economic volatility. After the initial dip, the economy remained sluggish as central banks continued to enact inflationary monetary policy and governments expanded expenditures and regulations. The unpredictability of these policies discouraged entrepreneurial activity and prolonged the Great Depression.
Cato Institute: Amity Shlaes - A New History of the Great Depression
Future of Freedom Foundation: Lawrence Reed - Lessons from the Great Depression
MAY 27, 2009
MARCH 05, 2009
With a slumping economy and a President committed to Keynesian economics, the Great Depression has become a topic on top of the public's mind. Indeed, now more than ever it is imperative to understand the truth about the Depression and how we can avoid another one. This special feature includes a selection of articles and books on the subject.
FEBRUARY 24, 2009 by LAWRENCE W. REED
Commentators on the present financial crisis have noted some interesting parallels to the Great Depression of the 1930s. But more ominous parallels to an earlier age should not escape our notice.
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FEBRUARY 01, 2010
This is part 2 of a lecture given by Han Sennholz at FEE on February 29, 1988. In it, Sennholz discusses the widespread historical misunderstanding of the Great Depression.
MULTIMEDIA - AUDIO
JANUARY 27, 2010
This is video from FEE's archive is of Hans F. Sennholz lecturing to students about the Great Depression on February 29, 1988. Sennholz covers the history of the era and how government intrusion into the economy is ultimately to blame for the disaster.