Agreement Quote by Milton Friedman

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

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

“Economists who simply advised leaving the economy alone, governments whose first instincts, apart from protecting the gold standard by deflationary policies, was to stick…

— Eric J. Hobsbawm

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 years of the Great Depression were a superb time for economists because people not knowing what could be done or what should be…

— John Kenneth Galbraith

It took capitalism half a century to come back from the Great Depression.

— Ben Shapiro

I know of no severe depression, in any country or any time, that was not accompanied by a sharp decline in the stock of…

— 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

In the Great Depression, employment was not low because investment was low. Employment and investment were low because labor market institutions and industrial policies…

— Edward C. Prescott

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 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 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