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Great myths about the great depression [Thomas Sowell]
townhall.com ^
| October 9, 2003
| Thomas Sowell
Posted on 10/09/2003 6:22:38 AM PDT by aculeus
click here to read article
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To: Yardstick
"Vision of the Annointed" is EXCELLENT. Should be required reading in every college...heck, in every high school.
41
posted on
10/09/2003 8:08:04 AM PDT
by
Choose Ye This Day
(Moving to Turkmenistan, where all the jobs are.)
To: LibertyAndJusticeForAll
Thank you.
42
posted on
10/09/2003 8:08:20 AM PDT
by
harpseal
(stay well - Stay safe - Stay armed - Yorktown)
To: VOA
I'm kicking myself because I missed it about three weeks ago, when Walter Williams was subbing for Rush, and he interviewed Sowell.
Sowell doesn't do radio much. I think he prefers to write. I read his columns weekly on Townhall.com.
43
posted on
10/09/2003 8:11:49 AM PDT
by
Choose Ye This Day
(Moving to Turkmenistan, where all the jobs are.)
To: aculeus
Cyclic massive transfer of wealth. Expansion-contraction is just a continual nibble. Every once in a while, money is short for a long time. Hey, that's what the Fed does. They get the gold, we get the shaft.
To: BubbaBasher
I just ordered it. I'll let you know when I've read it.
45
posted on
10/09/2003 8:14:30 AM PDT
by
aruanan
Good
46
posted on
10/09/2003 8:15:38 AM PDT
by
Cyber Ninja
(His legacy is a stain on the dress.)
To: aruanan
bump
To: aculeus
"They say "truth will out" but sometimes it takes a long time. For more than half a century, it has been a "well-known fact" that President Franklin D. Roosevelt got us out of the Great Depression of the 1930s."
Wrong. World War II got us out of the Great Depression!
To: Bosco
My grandfather, whom I never met, was born around 1870- 1880 and later served in the Secret Service. He was on the White House detail under Teddy Roosevelt, Taft, and Wilson. My mother used to tell me he'd say "This country will curse the day that man (FDR) was elected President". While the media has of course made FDR and icon, and there's no doubt he's admired by most, there were fewer that loved him at the time than it is portrayed today.
To: Grampa Dave
POWELL is the author of the book SOWELL is recommending. Odd coincidence.
50
posted on
10/09/2003 8:27:42 AM PDT
by
Tax-chick
(Too cold to start a fire ... I'm burning diesel, burning dinosaur bones ...)
To: Destructor
"Wrong. World War II got us out of the Great Depression!" Read ALL of the article then see what you think of his statement.
51
posted on
10/09/2003 8:28:13 AM PDT
by
Mad Dawgg
(French: old Europe word meaning surrender)
To: Tax-chick; VOA
Ooops I need more coffee.
Sorry VOA, your are correct. I never heard of Powell.
52
posted on
10/09/2003 8:28:48 AM PDT
by
Grampa Dave
(Fight Liberalism 24/7/365 for only 17 cents / day. Donate $5 monthly to Free Republic.)
To: All
I recommend the following book: The Roosevelt Myth by John T. Flynn
53
posted on
10/09/2003 8:28:51 AM PDT
by
dakine
To: biblewonk
You have to remember the "federal government" is not some monolithic god-like being applying some gestaltic genius to a problem. It is a few corruptable and limited men that consider the problem and makes the ultimate decision, usually
one man.
Remember also that an "economy" is a vast, interactive system of vaguely understood cross causes and effects similar to the codependent complexity of Earth's ecosystem.
Anybody that tampers with it by direct action is a spiritual brother to the moron who brought kudsu to the South.
54
posted on
10/09/2003 8:29:52 AM PDT
by
William Terrell
(Individuals can exist without government but government can't exist without individuals.)
To: Savage Beast
It can be difficult to tell the benevolent but stupid "Liberals"/Democrats from the malevolent but smart ones.I've noticed the same problem with "conservatives"/Republicans. Seems to be getting worse on both sides of the aisle.
55
posted on
10/09/2003 8:46:12 AM PDT
by
steve50
( Democracy is a form of religion; it is the worship of jackals by jackasses. -- H.L. Mencken)
To: CMAC51
The Federal government would be successful if it would follow the first dictate of medicine, "First do no harm". Yes, but the economy, like the human body, is a very conplex thing and it's easy to make mistakes.
56
posted on
10/09/2003 8:46:31 AM PDT
by
biblewonk
(Spose to be a Chrisssssssstian)
To: William Terrell
Anybody that tampers with it by direct action is a spiritual brother to the moron who brought kudsu to the South. There is a definition problem here since I tamper with the economy everytime I exchange money for anything.
57
posted on
10/09/2003 8:53:00 AM PDT
by
biblewonk
(Spose to be a Chrisssssssstian)
To: biblewonk
There is a definition problem here since I tamper with the economy everytime I exchange money for anything. When you exchange money for goods/services you are participating in the economy, not tampering.
To: biblewonk
"Ofcourse the Federal government should do what it can to help the economy."
You're correct to the extent that the government can do nothing to help the economy, and that's exactly what it should do.
59
posted on
10/09/2003 9:27:37 AM PDT
by
Sofa King
(-I am Sofa King- tired of liberal BS! http://www.angelfire.com/art2/sofaking/)
To: Destructor
World War II got us out of the Great Depression!Plus the fact that every foreign competitor of ours was destroyed.
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