Transcription of Great Myths Great Depression These and other by the facts ...
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Great Myths Great Depression These and other by the facts ...
Mackinac Center for Public Policy | Great Myths of the Great Depression 1 GreatMyths of the Great Depression HERBERT HOOVER believed government should play no role in the economy. GOVERNMENT PROGRAMS helped lower unemployment by putting many Americans to work. FRANKLIN ROOSEVELT S New Deal saved America from the failure of free-market capitalism. This edition is a joint project of the Mackinac Center for Public Policy and the Foundation for Economic EducationThese and other Myths are dispelled by the facts in this essay by economist Lawrence W. ReedFreedom s Home Since 1946 FOUNDATION FOR ECONOMIC EDUCATION30 South Broadway, Irvington-on-Hudson, NY 10533 (914 )591 -7230 Center for Public Policy | Great Myths of the Great Depression 2 Great Myths of the Great Depression by Lawrence W. Reed. Original edition printed in 1981. This edition was printed in 2008 during the 20-year anniversary of the Mackinac Center for Public Policy as a joint project of the Mackinac Center and the Foundation for Economic JaMes M.
Mackinac Center for Public Policy | Great Myths of the Great Depression 1 s tudents today are often given a skewed account of the Great Depression of 1929-1941 that condemns free-market capitalism as the cause of, and promotes government intervention as the
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