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Warren Harding and the Forgotten Depression of 1920 by Tom Woods

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Darren Wolfe

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The experience of 1920� ��"21 reinforces the contention of genuine free-market economists that government intervention is a hindrance to economic recovery. It is not in spite of the absence of fiscal and monetary stimulus that the economy recovered from the 1920� ��"21 depression. It is because those things were avoided that recovery came.

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Darren Wolfe is the former Eastern Vice Chair of the Libertarian Party of Pennsylvania. He presently blogs as the International Libertarian http://www.theinternationallibertarian.blogspot.com/ His articles have also appeared in Ammoland.com, (more...)

Related Topic(s): Depression; Economic; Economy; Stimulus; Warren Harding, Add Tags

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