Aug 26, 2020
Steve Horwitz is back with us this week to discuss the Great Depression. The story that’s commonly handed down in high school history courses doesn’t match what economists and historians have come to understand about it. The government’s response was less an exercise in macroeconomic policy than it was an exercise in social engineering. The lessons of what didn’t work and why are important to us as we struggle with the COVID economy.
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Quick Hits
How Not to Be Terrible at College
https://fee.org/shows/audio/words-numbers/how-not-to-be-terrible-at-college#player
Liquid Democracy
https://en.wikipedia.org/wiki/Liquid_democracy
Post Office
https://facts.usps.com/top-facts/
https://thehill.com/homenews/house/513241-house-passes-25b-bill-to-boost-postal-service
Foolishness of the Week
Germany’s Universal Income
https://www.businessinsider.com/germany-begins-universal-basic-income-trial-three-years-2020-8
Topic of the Week: The Great Depression
Steve Horwitz on the Great Depression
George Selgin on the Great Depression
https://www.cato.org/blog/new-deal-recovery-part-7-fdr-gold
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