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Norton, W. W. & Company, Inc.

Did Monetary Forces Cause the Great Depression?

Did Monetary Forces Cause the Great Depression?

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"Given the magnitude and importance of this event [the Great Depression], it is surprising how little we know about its causes." —Peter TeminDid Monetary Forces Cause the Great Depression? challenges Friedman’s “money hypothesis” and sharply criticizes many features of the Keynesian “spending hypothesis.”
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