Mises Wire
Author:
Robert Higgs
Online Publish Date:
Joseph Salerno writes in today’s Mises Daily: In fact, economists are finally beginning to rediscover Mises’s explanation of the prolonged mass unemployment of the 1930s. For example, UCLA economist Lee Ohanian in his recent paper, “What—or Who—Started the Great Depression,” argues that Hoover’s policies of propping up wages and encouraging work