Free Enterprise in Three Minutes Podcast with Ray Keating

Episode #16: What Caused the Great Depression?

July 15, 2018 Season 1 Episode 16
Free Enterprise in Three Minutes Podcast with Ray Keating
Episode #16: What Caused the Great Depression?
Chapters
Free Enterprise in Three Minutes Podcast with Ray Keating
Episode #16: What Caused the Great Depression?
Jul 15, 2018 Season 1 Episode 16
Ray Keating
Ray Keating explains that the Great Depression wasn’t about market failure, but instead about the failure of big government.
Show Notes
The Great Depression is mistakenly blamed on market failure. In reality, the economy sank into and persisted in a depression due to government failure. The Great Depression was all about trade protectionism, tax increases, massive increases in government spending, and unprecedented regulation.

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