Monday, September 29, 2008

The Great Depression

Alexander Solzhenitsyn once remarked, ‘If we don’t know our own history then we simply have to endure all of the same mistakes and all of the same sacrifices and all of the same absurdities over again times ten.’

No where is the truth of Solzhenitsyn’s words more evident than in the economic problems America is facing today. Watching how the government is responding to the economic crisis is like watching the 1930's all over again. Click
HERE to read my lecture notes for the Roaring Twenties and Great Depression. In a future post I hope to draw some specific parallels.


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