World War II Did Not End the Great Depression
The illusion of wartime prosperity is rooted in how national income was calculated and in how the statistics were compiled, writes Art Carden.
The illusion of wartime prosperity is rooted in how national income was calculated and in how the statistics were compiled, writes Art Carden.
Before the civil war, there were some grounds for saying that, at least in theory, our government was a free one — that it rested on consent, write
Obey or die. Isn't this the philosophy of all government in all times and all places?
History is littered with monetary managers who believed they were in total control — until the disaster hit.
When the Civil War closed, the revenue acts that had been hastily passed during its course constituted a chaotic mass, writes F.W. Taussig.
Higher food prices set off the revolutions in Tunisia and Egypt and the mass protests in countries like Algeria, Jordan, Yemen, Bahrain, and Iran.
Higgs's book is that rare and wondrous combination: scholarly and hard-hitting, lucidly written and libertarian as well.