Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?

To: Mannie who wrote (14972)	2/1/2009 2:42:57 PM
From: Northern Marlin	5 Recommendations Respond to of 50337

May I suggest that you read Robert Higgs' paper first? It's only 20 pages and will give you a solid overview of U.S. government intervention in the economy from just before World War I through the end of World War II. Just Google this link: www.independent.org/pdf/working_papers/59_government.pdf Rothbard's book is a detailed look at what the caused the Great Depression (including a great description of Austrian Business Cycle Theory) and the attempts by the Hoover administration to restore the boom. However, the book does not describe government intervention during Roosevelt's administration. I realize these ideas run counter to what you believe. I attended public schools through 4 years of college; there I was taught Keynesian economics and a view of U.S. history in texts approved by government agencies. What government-approved textbook is going to tell me that government intervention in free markets is always harmful? Phil

To: Mannie who wrote (14972)	2/1/2009 5:12:53 PM
From: NOW	Read Replies (1) \| Respond to of 50337

that you cant beleive it shows the success of your brainwashing

To: Mannie who wrote (14972)	2/1/2009 5:52:53 PM
From: bruiser98	1 Recommendation Respond to of 50337

There are lots of opinions about what caused the depression and about when it ended. You and I read these opinions and have to throw up our hands and scream. If you agree with the position that government "interference" doesn't count toward "real prosperity" per Mr. Higgs independent.org , then you have to agree that the depression never ended. There were lots of poor Americans that would testify that the New Deal ended their personal depression. And lots of the elite who prospered during the depression who damn the New Deal to hell because it lessened their prosperity. Read Wikipedia. en.wikipedia.org

To: Mannie who wrote (14972)	2/2/2009 2:02:49 PM
From: JimisJim	7 Recommendations Read Replies (2) \| Respond to of 50337

You are both neglecting one important point: after WWII, we were the only nation on earth, practically, that had an intact industrial capacity and a well-trained workforce... by default, we were the only nation that could really manufacture large amounts of consumer goods and durables once the factories switched from making planes, tanks and ammo to making cars, etc. and selling to everyone in the world because their own factories had been mostly bombed to dust. It is much easier to come out of a depression once the rest of the world's manufacturing capacity has pretty much been destroyed. Jim