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The Depressing Results of Great Depression Policies

Steve Horwitz is back with us this week to discuss the Great Depression. The story that\u2019s commonly handed down in high school history courses doesn\u2019t match what economists and historians have come to understand about it. The government\u2019s response was less an exercise in macroeconomic policy than it was an exercise in social engineering. The lessons of what didn\u2019t work and why are important to us as we struggle with the COVID economy.