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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 233.22

+1.8%

Nov 28 9:30 AM EST

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To: craig crawford who wrote (133137)	10/19/2001 11:55:13 AM
From: Kevin Podsiadlik	Read Replies (1) of 164684

That was 1971, I believe, when Keynesian thinking ruled the roost. From 1998: A third myth is that laissez- faire capitalism caused the Great Depression and government spending cured it, say Folsom, Skousen and Ebeling. ''Almost every textbook misses on this,'' Folsom said. ''Friedman proved that the Federal Reserve caused it, and government programs didn't get us out of the Depression.'' Walter Williams, chairman of the economics department at George Mason University, agrees. ''Some textbooks say that runaway capitalism caused the Depression, when it was the Fed and the Smoot-Hawley tariff that did it,'' Williams told IBD. ''Friedman confirmed this.'' mskousen.com Or are Burton Folsom and Walter Williams liars?

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