Our Recent Essays Behind the Front Page
Wednesday, May 6. 2009
One more post for tonight
A great explanation of the effects of the Smoot-Hawley tariff and its cause of the 1929-1940 depression. The 1919 depression started off worse (lower employment and GDP) but because the government didn't try to micro-manage things, commerce corrected itself and...
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Tracked: May 07, 01:27
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