If you are interested in a concise, quick read on how the policies of the Great Depression created the current Great Recession, Dr. Steve Horowitz delivered a speech at GA State University last March. Here is an excerpt from the speech. The full text can be found at:
http://myslu.stlawu.edu/~shorwitz/gsutalk.htm
"There are indeed parallels between this recession and the Great Depression, but they are not what much of the public commentary would lead you to believe. What we are living through today is a recession whose causes are significantly the unintended result of institutional changes made during the Great Depression and whose proposed solutions reflect the same failed understanding of the causes that motivated Great Depression "solutions" that largely ended up doing more harm than good. History is indeed repeating itself, and not in a good way."
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