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
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.