The Truth About The Great Depression with Lawrence W Reed

Ep 11: The Truth About The Great Depression with Lawrence W Reed

Summary – The Truth About The Great Depression with Lawrence W Reed

An interview with Lawrence W. Reed, President emeritus of The Foundation for Economic Education, about his booklet Great Myths of the Great Depression. We talk about the Progressive Era as the context for the government policies that brought about the Great Depression, and discuss several commonly misunderstood elements that caused or perpetuated the Great Depression. We conclude with a note about personal character.

See the Reformed Libertarianism Statement on Economics

Main Points of Discussion

00:00 Introduction
00:32 Episode description
Book discussed:
01:51 About Mr. Reed
Books by Mr. Reed
03:07 Mr. Reed’s background and faith
07:13 Jesus is NOT a socialist
09:56 The Progressive Era
15:34 Progressive population control
The eugenics movement, by Bradley Thomas
18:27 Monetary policy and the Fed
24:21 Tariffs, income tax, and stifling trade
29:06 New Deal disasters
34:32 Government causes inflation
36:21 Wagner Act disasters
41:12 Minimum wage
44:59 The importance of personal character


Additional Resources

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The Christians for Liberty Network is a project of the Libertarian Christian Institute consisting of shows and hosts offering various perspectives on the intersection of Christianity and libertarianism. Views expressed by hosts and guests do not necessarily reflect the view of the organization, its staff, board members, donors, or any other affiliates (including other hosts or guests on the network). Guest appearances or interviews of any incumbents, officials, or candidates for any political, party, or government office should not be construed as endorsements. The Libertarian Christian Institute is a 501(c)(3) non-profit organization and does not endorse any political party or candidate for any political, government, or party office. For information about the Libertarian Christian Institute’s core values, please visit this page.

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