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Free Enterprise in Three Minutes Podcast with Ray Keating
Episode #16: What Caused the Great Depression?
July 15, 2018 Ray Keating
Free Enterprise in Three Minutes Podcast with Ray Keating

Episode #16: What Caused the Great Depression?

July 15, 2018

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.
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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