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Myths of the Great Depression, part 1

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Published on May 29, 2009

The rhetoric surrounding todays economic climate is frighting. Americans are bombarded with news of the worst economy since the Great Depression. Problem is, much of what Americans know about the Great Depression is simply wrong; for example, President Franklin Roosevelts policies stimulated the economy. In truth, Roosevelts policies needlessly prolonged the financial pain. Larry Reed president of the Foundation for Economic Education and author of Great Myths of the Great Depression joins guest host Jessica Corry to enlighten us on what we dont know about the most difficult economic decade in modern history.

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