[Doogle]

http://www.youtube.com/watch?v=ENm44TufWuw

[STONEWALLS]

....anybody who wants to know how your grandparents lived during the Depression should read Frederick Lewis Allen’s “Only Yesterday”....it’s very readable and will give you a deeper appreciation of what your ancestors went thru.

[BenLurkin]

Interesting.

[RobRoy]

The wage freezes also gave us employer paid health care.

[ml/nj]

Previous discussion at http://www.freerepublic.com/focus/f-news/2234771/posts

ML/NJ

[all the best]

Thanks for posting.

[dimk]

So both Keynesians AND monetarists are wrong.. one has to actually offer some sort of thesis as to what happened before I fork over my $$ for a book like that.

Also from monetarist point of view what was learned is not that we need to expand the money supply but that it should not be let to shrink fast. Actually expanding it to stimulate things is a separate issue

[Skooz]

BFL

[diamond6]

Ping

[PLMerite]

bump

[BoneHead]

Interesting
Herbert Hoover was President Warren Harding's Commerce Secretary in the 1921 recession. I recall reading that Hoover didn't like Harding's handling of the '21 recession, even though it was over in 12-18 months. Hoover obviously thought he knew better, he extended his recession 2-3 years and lost his reelection bid and the recession became a depression. (with help from FDR)

Regards,
Bonehead

[BruCru]

ping