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>history lecture at uni
>we're studying the Great Depression
>"The laissez-faire economics ushered in by Calvin Coolidge caused the Great Depression" t. professor
Are people really this idiotic? How can an economic system be laissez-faire when there is a central bank, permanent income tax, and military-Keynesianism (see Banana Wars)? Even if era could be described as laissez-faire, how did it cause the Great Depression? Even Bernanke himself admitted the fraudulent policies of the federal reserve led to the Depression.
>>902669
Presidents had very little effect on governance at that time, too.
The current era of a strong leading president didn't get ushered in until FDR became president.
>>902669
>Are people really this idiotic?
Yes. Everyone has an ideology. And everyone will defend that ideology to the (intellectual) death
>>902669
Spend more time learning from your teachers and less time telling yourself you know everything.