The Forgotten Depression: 1921, the Crash That Cured Itself

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"By the publisher of the prestigious Grant's Interest Rate Observer, an account of the deep economic slump of 1920-21 that proposes, with respect to federal intervention, "less is more." This is a free-market rejoinder to the Keynesian stimulus applied by Bush and Obama to the 2007-09 recession, in whose aftereffects, Grant asserts, the nation still toils. James Grant tells the story of America's last governmentally-untreated depression; relatively brief and self-correcting, it gave way to the Roaring Twenties. His book ...

The Forgotten Depression: 1921, the Crash That Cured Itself 2015, Simon & Schuster

ISBN-13: 9781451686463

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