The Forgotten Depression That Explains What’s Happening Today
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The Forgotten Depression That Explains What’s Happening Today
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A lot of people, maybe even a majority, find the idea of a two-decade long depression too far-fetched to take seriously. Something like that could never, ever happen. Could it? The problem is most everyone's idea of what a depression is needs to be corrected - another huge piece left missing by Economics. What is a depression? Way too familiar.
Eurodollar University's Make It Make Cents
NBER Cycle Dates
https://www.nber.org/research/data/us-business-cycle-expansions-and-contractions
NYT Sept 19, 1873
https://timesmachine.nytimes.com/timesmachine/1873/09/19/issue.html
David A. Wells The Economic Disturbances Since 1873
https://en.wikisource.org/wiki/Popular_Science_Monthly/Volume_31/July_1887/The_Economic_Disturbances_Since_1873_I
Henry George Causes of Business Depression
https://bibliotek1.dk/english/by-henry-george/articles-and-speeches/causes-of-business-depression
JM Keynes A Tract on Monetary Reform
https://ia902905.us.archive.org/35/items/tractonmonetaryr0000keyn/tractonmonetaryr0000keyn.pdf
https://www.eurodollar.university
Twitter: https://twitter.com/JeffSnider_EDU