2 ms·
Make Recessions Great Again? Though I would argue that Smoot-Hawley was a mere symptom of a new-found desire of national governments to meddle in the economy i
by UncleEntity 8y ago
Make Recessions Great Again?
Though I would argue that Smoot-Hawley was a mere symptom of a new-found desire of national governments to meddle in the economy in such a way that it couldn't recover from the inflationary crash brought on by the Roaring '20s. Wage controls, price controls, production quotas, tariffs, &etc...