Anyone educated in the public school system in the United States has been force-fed a series of lies about the Great Depression. In this episode, we set the record straight while pointing out how the Left-wing in America are a one-trick pony. They make the same arguments today as they did almost 100 years ago!
Three myths about the Great Depression are examined:
Myth #1 - Herbert Hoover and his free market laissez-faire economic policies caused the depression.
Myth #2 - FDR and the New Deal kept the depression from getting worse.
Myth #3 - World War II cured the depression.
Show Notes
Truth Quest Podcast
Daniel Mitchell’s blog posts:
If FDR’s New Deal Didn’t End the Depression, then World War II Did
33 Questions About American History, Tom Woods Chapter 22, 23 and 24
The Great Depression was a Calamity of Unfettered Capitalism – Lawrence Read
FDR’s Folly: How Roosevelt and His New Deal Prolonged the Great Depression
America’s Great Depression, Murray Rothbard
Real Lessons from the Great Depression
Out of Work Unemployment and Government in Twentieth Century America
New Deal Policies and the Persistence of the Great Depression: A General Equilibrium Analysis (Journal of Political Economy, 2004).
Hoover and the Great Depression
Did FDR End the Great Depression
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