I Blog to Differ

I Blog to Differ

What Ended the Great Depression?

My review of George Selgin's interesting and exciting new book.

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David R Henderson
Oct 02, 2025
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The most important macroeconomic event in the twentieth-century United States was the huge growth in per capita income and living standards, from a level at which almost everyone was poor by today’s standards to a level at which very few people were poor. Arguably the second most important macroeconomic event last century was the Great Depression. It st…

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