Learn Liberty | Prof. Antony Davies: 7 MYTHS You Learned in High School About the GREAT DEPRESSION @LearnLiberty | Uploaded September 2022 | Updated October 2024, 15 hours ago.
If you went to high school in America, you were told a lot of things about the Great Depression. Those things were probably wrong. (And they were based on a poor or nonexistent understanding of economics.)
️🔥 For more content like this watch Prof. Antony Davies' Answers to the Most Googled Economics Questions: youtu.be/NVv_StQXHSI ️🔥
🎙️ Professor Davies also co-hosts a PODCAST! Find him and James R. Harrigan in the Words & Numbers podcast: wordsandnumbers.libsyn.com 🎙️
In this video, long-time Learn Liberty favorite, Professor Antony Davies of Duquesne University, debunks 7 of the most common myths that are taught in American high schools and universities. To do so, he relies on well-researched data, his career as an educator, and a lifetime of studying economics.
Are there any important myths we should cover in a future video? Chime in below in the comments!
CHAPTERS:
0:00 Introduction
0:18 Myth #1: The Great Depression began with the stock market crash of October 1929.
4:16 Myth #2. President Herbert Hoover's laissez-faire economic policies caused the Depression.
10:39 Myth #3: The Great Depression was a global crisis.
13:18 Myth #4: By joining countries in a fixed currency exchange, the Gold Standard made the Depression spread throughout the world. (via history.com)
14:39 Myth #5: Bank mismanagement and profiteering were responsible for insolvency and bank runs.
19:14 Myth #6: The Only Thing, as FDR Said, We Had to Fear Was Fear Itself.
20:42 Myth #7: World War II ended the Great Depression.
21:24 Summary: The 5 Things that Caused the Great Depression.
#GreatDepression #FDR #stockmarket #GoldStandard #centralbanks
LEARN LIBERTY:
Your resource for exploring the ideas of a free society. We tackle big questions about what makes a society free or prosperous and how we can improve the world we live in. Watch more at learnliberty.org/.
If you went to high school in America, you were told a lot of things about the Great Depression. Those things were probably wrong. (And they were based on a poor or nonexistent understanding of economics.)
️🔥 For more content like this watch Prof. Antony Davies' Answers to the Most Googled Economics Questions: youtu.be/NVv_StQXHSI ️🔥
🎙️ Professor Davies also co-hosts a PODCAST! Find him and James R. Harrigan in the Words & Numbers podcast: wordsandnumbers.libsyn.com 🎙️
In this video, long-time Learn Liberty favorite, Professor Antony Davies of Duquesne University, debunks 7 of the most common myths that are taught in American high schools and universities. To do so, he relies on well-researched data, his career as an educator, and a lifetime of studying economics.
Are there any important myths we should cover in a future video? Chime in below in the comments!
CHAPTERS:
0:00 Introduction
0:18 Myth #1: The Great Depression began with the stock market crash of October 1929.
4:16 Myth #2. President Herbert Hoover's laissez-faire economic policies caused the Depression.
10:39 Myth #3: The Great Depression was a global crisis.
13:18 Myth #4: By joining countries in a fixed currency exchange, the Gold Standard made the Depression spread throughout the world. (via history.com)
14:39 Myth #5: Bank mismanagement and profiteering were responsible for insolvency and bank runs.
19:14 Myth #6: The Only Thing, as FDR Said, We Had to Fear Was Fear Itself.
20:42 Myth #7: World War II ended the Great Depression.
21:24 Summary: The 5 Things that Caused the Great Depression.
#GreatDepression #FDR #stockmarket #GoldStandard #centralbanks
LEARN LIBERTY:
Your resource for exploring the ideas of a free society. We tackle big questions about what makes a society free or prosperous and how we can improve the world we live in. Watch more at learnliberty.org/.
