Today's economic hard times equal 1929? No, try 1873

Oct 16, 2008 17:06


Folks,

Interesting bit of analysis here.  Scott Reynolds Nelson, a professor of history at the College of William and Mary, sees more similarities between the Panic of 1873 than the Great Crash of 1929.

The Real Great Depression

Hat tip: Steeljaw Scribe
Madoc

economic, history

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