Sunday, November 18, 2012

Great Myths of the Great Depression


Many volumes have been written about the Great Depression and its impact on the lives of millions of Americans. Historians, economists, and politicians have all combed the wreckage searching for the “black box” that will reveal the cause of this legendary tragedy. Sadly, all too many of them decide to abandon their search, finding it easier perhaps to circulate a host of false and harmful conclusions about the events that caused the Great Depression seven decades ago.


  • Lawrence W. (“Larry”) Reed is FEE's President Emeritus, Humphreys Family Senior Fellow, and Ron Manners Global Ambassador for Liberty. He previously served as president of FEE from 2008-2019. He chaired FEE’s board of trustees in the 1990s and has been both writing and speaking for FEE since the late 1970s.