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

https://reformedlibertarians.com/011

Main Points of Discussion

00:00 Introduction
00:32 Episode description
Book discussed: https://fee.org/resources/great-myths-of-the-great-depression/
01:51 About Mr. Reed
https://www.lawrencewreed.com/about
Books by Mr. Reed
https://www.lawrencewreed.com/books
03:07 Mr. Reed’s background and faith
07:13 Jesus is NOT a socialist
https://www.amazon.com/dp/1610171608?tag=kerrybaldwin-20
09:56 The Progressive Era
15:34 Progressive population control
The eugenics movement, by Bradley Thomas
https://fee.org/articles/the-progressive-ideas-that-fueled-america-s-eugenics-movement/
18:27 Monetary policy and the Fed
24:21 Tariffs, income tax, and stifling trade
https://fee.org/articles/its-more-important-to-be-american-than-to-buy-american/
29:06 New Deal disasters
https://fee.org/articles/fdr-campaigned-on-fiscal-restraint-in-1932-he-delivered-just-the-opposite/
34:32 Government causes inflation
https://fee.org/articles/35-government-is-an-inflation-fighter/
36:21 Wagner Act disasters
41:12 Minimum wage
https://fee.org/articles/38-the-minimum-wage-helps-the-poor/
44:59 The importance of personal character
https://fee.org/articles/character-liberty-and-economics

 

Additional Resources

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