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Russ Lemley

John Kenneth Galbraith’s The Great Crash, 1929: A Retrospective

Mises Wire

Author: Russ Lemley

Online Publish Date: August 21, 2024

The New Deal has been a key driver behind how the Democratic Party justified its hold on political power in the United States. The precursor to the New Deal was the Great Depression, which, in the minds of many Americans, was triggered by the stock market crash in late 1929. However, is the Democratic memory of the crash and Depression thereafter

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