Ep. 11: The Truth About the Great Depression, with Larry Reed

An interview with Lawrence W. Reed, President emeritus of The Foundation for Economic Education, about his booklet, Great Myths of the Great Depression. We talk about the Progressive Era as the context for the government policies that brought about the Great Depression, and discuss several commonly misunderstood elements that caused or perpetuated the Great Depression. We conclude with a note about personal character.

https://reformedlibertarians.com/011/

00:00 Start

00:32 Episode description Book discussed: https://fee.org/resources/great-myths-of-the-great-depression/

01:51 About Mr. Reed https://www.lawrencewreed.com/about Books by Mr. Reed https://www.lawrencewreed.com/books

03:07 Mr. Reed's background and faith

07:13 Jesus is NOT a socialist https://www.amazon.com/dp/1610171608?tag=kerrybaldwin-20

09:56 The Progressive Era

15:34 Progressive population control The eugenics movement, by Bradley Thomas https://fee.org/articles/the-progressive-ideas-that-fueled-america-s-eugenics-movement/

18:27 Monetary policy and the Fed https://www.youtube.com/playlist?list=PLALopHfWkFlGvgxFXosWmjzSGw95IFa1t

24:21 Tariffs, income tax, and stifling trade https://fee.org/articles/its-more-important-to-be-american-than-to-buy-american/

29:06 New Deal disasters https://fee.org/articles/fdr-campaigned-on-fiscal-restraint-in-1932-he-delivered-just-the-opposite/

34:32 Government causes inflation https://fee.org/articles/35-government-is-an-inflation-fighter/

36:21 Wagner Act disasters

41:12 Minimum wage https://fee.org/articles/38-the-minimum-wage-helps-the-poor/

44:59 The importance of personal character https://fee.org/articles/character-liberty-and-economics

 Further Resources

The Progressive Era, by Murray Rothbard https://mises.org/library/progressive-era-0

America's Great Depression, by Murray Rothbard https://mises.org/library/americas-great-depression

What Has Government Done To Our Money, by Murray Rothbard https://mises.org/library/what-has-government-done-our-money

The Case Against The Fed, by Murray Rothbard https://mises.org/library/case-against-fed-0

The Great Depression, by Hans Sennholz https://mises.org/library/great-depression

Herbert Hoover and the Great Depression, by Tom Woods audio: https://mises.org/library/14-herbert-hoover-and-great-depression

Truth about the Great Depression, by Thomas DiLorenzo audio: https://mises.org/library/9-truth-about-great-depression

 The Reformed Libertarians Podcast is a project of the Libertarian Christian Institute: https://libertarianchristians.com and a member of the Christians for Liberty Network: https://christiansforliberty.net

Audio Production by Podsworth Media - https://podsworth.com