All Posts Tagged With: "war economy"

The Great Escape from the Great Depression

Questions about the Great Depression may be usefully framed as pertaining to three distinct issues: the Great Contraction, the extraordinarily severe economic decline from 1929 to 1933; the Great Duration, the persistence of subpar economic performance for more than a decade; and the Great Escape, the ultimate recovery from this uniquely deep and long depression. [...]

1Oct2008 | Robert Higgs | 5 comments | Continued
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