Friday, December 26, 2008

What Everyone Knows is wrong - and an antidote

Everyone knows ... the pain of the Great Depression was eased by FDR, and ended when WW II came along in 1941.

What everyone knows is wrong

This is kinda important since we're in an economic jam of some sort now and people are reaching back to an ill-remembered past to draw the wrong conclusions - which can be summed as only the government can save us. [1]

If you want to get a better handle on what's going on that what they teach in school, you outta give these a look ..

America's Great Depression by Murray N. Rothbard.  Which is, frankly, really really long and full of big words and vocabulary.  I think it's written at the high school level, at least. So if you read USA Today on a regular basis, it's clean over your head.

"Great Myths of the Great Depression" at twenty pages is shorter - but it too is written at the high-school level and so, possibly, too advanced unless you managed to actually learn something in school.

Maybe someone can do up a Dr. Seuss version.


[1] Just writing that made me gag, a little.  Government is good at a few things [2], but making things better sure ain't one of them.

[2] Most of them involve variations on organized violence.  When you need a country invaded, or to convince millions of people it's better to just mail a check to the IRS than to hang the revenuer, a government is what you need.

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