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.
Reflections on Reflections
A Consensus about the Great Depression?
By Roger W. Garrison
This
article
appeared in
the Summer 2003 issue of The Independent Review.
American HistoryEconomic History and DevelopmentEconomic PolicyEconomyLabor and EmploymentLaw and Liberty
Other Independent Review articles by Roger W. Garrison | |
Winter 2011/12 | Alchemy Leveraged:The Federal Reserve and Modern Finance |
Spring 1999 | The Great Depression Revisited |