Higgs on the Great Depression

Robert Higgs, of the Independent Institute, talks with EconTalk host Russ Roberts about the Great Depression, the New Deal, and the effect of World War II on the American economy. Using survey results, financial data, and the pattern of investment in the 1930s, Higgs argues that New Deal policies created a climate of uncertainty that prolonged the Great Depression. Using consumption data, he argues that prosperity did not return during wartime, but rather after the war when government intervention in the economy subsided.

You can listen to Higgs on the Great Depression online on Radio and Podcast. Open the player on this page to stream the available audio.

Higgs on the Great Depression is an episode from EconTalk Archives, 2008 by Library of Economics and Liberty.

This episode is 1:07:09 long.

This episode was published on Dec 15, 2008.

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