Questions tagged [great-depression]

The Great Depression was a deep worldwide economic depression that took place mostly during the 1930s, beginning in the United States.

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Were there any contemporary economists (or other observers) who considered the 1920s a “New Era” of greater growth and stability?

Eichengreen (2015, Hall of Mirrors): In the 1920s it was said that the world had entered a “New Era” of economic stability with the establishment of the Federal Reserve System and independent central ...