Vin Suprynowicz writes in his column “Extending the recession indefinitely” that continual government interference during the Great Depression served only to delay economic adjustment and recovery.
“This was all proved, laboriously, in spades, from 1929 to 1938, all brilliantly analyzed and explained by the late Murray N. Rothbard, with whom I had the honor to discuss some of government’s tendencies to repeat the same mind-boggling errors over and over again, during his time at the University of Nevada, Las Vegas,” Suprynowicz writes.