Ep 344 Tale of Two Depressions – 1920 and 1929

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7 months ago
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Podcasts Education 1920 Depression Forgotten Depression Warren G. Harding 1929 Depression the Great Depression FDR WW2 Deflation Inflation

The depression of 1920 is called the "forgotten" depression primarily because most history textbooks skip it which might lead people to assume that it was not such a bad depression. Textbooks rather focus on the Great Depression of 1929 and the "hero" FDR.
What's an Austrian economics take on the 2 depressions?

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