The Great Depression: An Austrian Reply to WIRED

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11/28/2025 Robert P. Murphy

Bob walks through a recent WIRED video on “the economics behind the Great Depression,” correcting its claims on lax regulation, Hoover’s alleged inaction, the role of the Fed and the gold standard, and the notion that World War II ended the slump.

Bob’s Article, “The Depression You’ve Never Heard Of: 1920-1921”: Mises.org/HAP528a
Bob’s Talk, “Contrasting Views of the Great Depression”: Mises.org/HAP528b
The WIRED Video, “Economics Professor Answers Great Depression Questions”: Mises.org/HAP528c

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