Wednesday, 6 July 2011

1920: The Great Depression that never was

Presented by Thomas E. Woods, Jr., at "The Great Depression: What We Can Learn From It Today," the Mises Circle in Colorado; sponsored by Limited Government Forum of Colorado Springs and hosted by the Ludwig von Mises Institute. Recorded Saturday, 4 April 2009.
An excellent speech from Tom Woods, discussing the laissez-faire approach of President Warren Harding to the recession of 1920/21, and how it confounds the Keynesian model of deficit spending and 'stimulus packages'.

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