4 ms·

I suppose we shall be in need of a new explanation for the Great Depression then.

• bassman9000 8y ago
  https://archive.is/aeXVP https://archive.is/aeXVP > We found that a relapse isn't likely unless lawmakers gum up a recovery with ill-conceived stimulus policies
• snackman7 8y ago
  They already exist. Here are some articles from mises.org that look at it from the Austrian school's point of view. https://mises.org/wire/how-artificial-boom-1914-1929-caused-great-depression https://mises.org/wire/how-artificial-boom-1914-1929-caused-... https://mises.org/library/great-depression https://mises.org/library/great-depression https://mises.org/library/fake-history-depression https://mises.org/library/fake-history-depression
• UncleEntity 8y ago
  Better than "animal spirits"?
  • pretendscholar 8y ago
    You have a youtube level understanding of Keynes if thats what you think his explanation boils down to.
• Matticus_Rex 8y ago
  You realize that Keynes' explanation of the Depression makes no more than cameos in the modern explanations, right?