Country Quote by Milton Friedman

A depression is a large-scale decline in production and trade...there is nothing in the nature of a free-market economy to cause such an event.

— Nathaniel Branden

The Depression was an incredibly dramatic episode - an era of stock-market crashes, breadlines, bank runs and wild currency speculation, with the storm clouds…

— Ben Bernanke

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

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

There seem to be many causes of depression. One cause is profound loss, grief. Economic hardship we know is linked to depression. We don't…

— Irving Kirsch

This may surprise you, but there were a large number of valuable buys during the Depression.

— Irving Kahn

The Great Depression was not a sign of the failure of monetary policy or a result of the failure of the market system as…

— Milton Friedman

In my experience, the more people have, the less likely they are to be contented. Indeed, there is abundant evidence that depression is a…

— Andrew Weil

“I decide to scope out craigslist to see all the vibrant economic employment opportunities available to me in this depression. Oh, I’m sorry, I…

— Jarod Kintz

Declines in specific industries can never ignite a general depression. Shifts in data will cause increases in activity in one field, declines in another.

— Murray Rothbard

Depression is the aftermath of credit expansion.

— Ludwig von Mises

The depression was the calculated 'shearing' of the public by the World Money powers, triggered by the planned sudden shortage of supply of call…

— Curtis Bean Dall