American people Quote by C. L. R. James

Understanding the true causes of the Depression, as well as the real economic record of the United States in the 1930s, is an essential…

— Thomas Woods

In the large sense the primary cause of the Great Depression was the war of 1914-1918. Without the war there would have been no…

— Herbert Hoover

“Because in America there is a naive belief that we are all rugged individuals and can make it on our own, stock market and…

— Captain Hank Bracker, "Seawater One

If we are to depression-proof our economy we may need to pay more attention to the radical ideas and policies of those who witnessed…

— John McDonnell

To my mind, the main reason for the Depression in the United States as a whole, is the bondage of debt and the spirit…

— Heber J. Grant

The Great Depression in the United States was caused - I won't say caused, was enormously intensified and made far worse than it would…

— Milton Friedman

“The crash did not cause the Depression: that was part of a far broader malaise. What it did was expose the weaknesses that underpinned…

— Lucy Moore

The Depression, which started in 1929 was rather mild from 1929 to 1930. And, indeed, in my opinion would have been over in 1931…

— Milton Friedman

The 1930s had been a time of tremendous economic distress. And the unemployment rate was enormously high by any historic standard.

— William O'Neill

Importantly, in the 1930s, in the Great Depression, the Federal Reserve, despite its mandate, was quite passive and, as a result, financial crisis became…

— Ben Bernanke

I think there is universal agreement within the economics profession that the decline - the sharp decline in the quantity of money played a…

— Milton Friedman

Our generation has had no Great Depression, no Great War. Our war is spiritual. Our depression is our lives.

— Chuck Palahniuk