Friday, 20 June 2014

No, WWII Did Not End The Great Depression


The idea that the Great Depression was finally brought to an end by the onset of WWII has been a staple of history textbooks, documentaries and various war propaganda for decades. This myth continues to be perpetuated to the present day. The idea that war is good for the economy is, needless to say, a fallacious argument which itself is based on incorrect economic data.



[Posted at the SpookyWeather blog, June 20th, 2014.]

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