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Funny you should ask...There was a Mises Daily published on this a little more than a week ago: World War II Did Not End the Great Depression (also, Tom Woods has spoken a lot on this...) The New Deal : History, Economics, and Law The Economics of the New Deal and World War II Thomas E. Woods: The Truth...
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In the 40's during the Great Depression all of the liberal and socialist politicians were telling Americans that the New Deal combined with our involvement in World War 2 was getting us out of the Great Depression. And after the war was over American in the 50's enjoyed a period of prosperity...