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  • WWII Ended the Great Depression

    Ok, so if my understanding is correct, Higgs argues that World War II did in fact stimulate a recovery, just not in the sense that Keynesians believe. The war essentially allowed for a renewed confidence in America's ability to produce, which, in combination with "forced savings," allowed...
    Posted to History (Forum) by Lothario on Sat, Apr 9 2011
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