In Randall E. Parkers Reflections on the Great Depression (2002), leading economists who lived through and wrote about the Great Depression are invited to reflect on that horrific and still-puzzling episode. If a consensus can be said to have emerged among these economists, it is the view that correlation, causation, and explanation need not be carefully distinguished from each other.
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|Other Independent Review articles by Roger W. Garrison|
|Winter 2012||Alchemy Leveraged: The Federal Reserve and Modern Finance|
|Spring 1999||The Great Depression Revisited|