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Institute of Economic Affairs

Economic Contractions in the United States: A Failure of Government

Economic Contractions in the United States: A Failure of Government

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This monograph provides a detailed explanation how the Great Depression and the current financial crisis and economic contraction in the United States were both caused by and exacerbated by government, not by capitalism. The monograph provides a well-reasoned free market alternative to current statist policies with respect to economic recovery in the United States.
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