Robert Higgs on the Great Depression
EconTalk
English - December 15, 2008 06:30 - 1 hour - 30.7 MB - ★★★★★ - 4K ratingsCourses Education Science Social Sciences economics business books interviews history ethics Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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Robert Higgs, of the Independent Institute, talks with EconTalk host Russ Roberts about the Great Depression, the New Deal, and the effect of World War II on the American economy. Using survey results, financial data, and the pattern of investment in the 1930s, Higgs argues that New Deal policies created a climate of uncertainty that prolonged the Great Depression. Using consumption data, he argues that prosperity did not return during wartime, but rather after the war when government intervention in the economy subsided.