Great Quote by Heather Cox Richardson

The Great Depression, like most other periods of severe unemployment, was produced by government mismanagement rather than by any inherent instability of the private…

— Milton Friedman

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

The miserable failures of capitalist economies in the Great Depression were root causes of worldwide social and political disasters.

— James Tobin

The Federal Reserve the privately owned U.S. central bank definitely caused The Great Depression by contracting the amount of currency in circulation by one…

— 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 most striking development of the great depression of 1929 is a profound skepticism of the future of contemporary society among large sections of…

— C. L. R. James

I once read that more millionaires per capita were created during the Great Depression than at any other time in history.

— Harry S. Dent

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

It is reported that about 30% of the world's population is unemployed. That's worse than the Great Depression, but it's now an international phenomenon.

— Noam Chomsky

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 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

“It was not just on the farms that the pressures of four years of failure were building. Thirteen million workers were unemployed in 1933.…

— Elliott J. Gorn