Tag: Depression
One Man’s Hero Is Another Man’s Goat
Jack Welch, former Chairman and CEO of General Electric, gives CNBC his opinion of Ben Bernanke: “I think he saved the system, I think he’s a national hero,” Welch said. “I think Bernanke seems to be a guy operating on a clear intellectual framework. This guy’s done a hell of a good job.” Perhaps Bernanke...
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Robert Higgs on Reason TV
When Bob Higgs flew to D.C. to interview on C-SPAN recently, he stopped in to Reason TV to talk with Nick Gillespie about The Decline of American Liberalism by Arthur A. Ekirch, Jr., as well as his own Depression, War, and Cold War. We are publishing both books in paperback this month. Check out...
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Give Bernanke Credit—For Chutzpah
In my mind’s eye, I envision a street fair—one of those happy community gatherings at which sellers of handcrafted ceramics, funky clothing, herbal remedies, fresh vegetables, and edible delicacies congregate to display their wares for the strolling customers, who chat amiably with the stall-keepers and with one another. Suddenly, amid horrified shrieks and the...
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My Open Letter to Daniel Gross at Newsweek (Historians and the Great Depression)
This is an email than I just sent to Daniel Gross a reporter at Newsweek: Dear Mr. Gross: I am a professor of history at the University of Alabama. Much of my research and teaching focuses on the Great Depression era in American history. In an article in Salon on January 2, 2009, David...
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Understanding the Depression
As the economy continues to slide toward a downturn, it is crucial to understand what is going on. Inevitably, we will hear about how the government should pull out all the stops to turn the tide, and this prescription is rooted in certain premise, whether explicit or implicit, about the nature of the problem...
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