Episode 11: The Truth About the Great Depression, with Larry Reed

An interview with Lawrence W. Reed, President emeritus of The Foundation for Economic Education, about his booklet, _*Great Myths of the Great Depression*_ . We talk about the Progressive Era as the context for the government policies that brought about the Great Depression, and discuss several commonly misunderstood elements that caused or perpetuated the Great Depression. We conclude with a note about personal character.

https://reformedlibertarians.com/011/

00:00 Start

00:32 Episode description
Book discussed: https://fee.org/resources/great-myths-of-the-great-depression/

01:51 About Mr. Reed
https://www.lawrencewreed.com/about
Books by Mr. Reed
https://www.lawrencewreed.com/books

03:07 Mr. Reed's background and faith

07:13 Jesus is NOT a socialist
https://www.amazon.com/dp/1610171608?tag=kerrybaldwin-20

09:56 The Progressive Era

15:34 Progressive population control
The eugenics movement, by Bradley Thomas: https://fee.org/articles/the-progressive-ideas-that-fueled-america-s-eugenics-movement/

18:27 Monetary policy and the Fed
https://www.youtube.com/playlist?list=PLALopHfWkFlGvgxFXosWmjzSGw95IFa1t

24:21 Tariffs, income tax, and stifling trade
https://fee.org/articles/its-more-important-to-be-american-than-to-buy-american/

29:06 New Deal disasters
https://fee.org/articles/fdr-campaigned-on-fiscal-restraint-in-1932-he-delivered-just-the-opposite/

34:32 Government causes inflation
https://fee.org/articles/35-government-is-an-inflation-fighter/

36:21 Wagner Act disasters

41:12 Minimum wage
https://fee.org/articles/38-the-minimum-wage-helps-the-poor/

44:59 The importance of personal character
https://fee.org/articles/character-liberty-and-economics

Further Resources

The Progressive Era, by Murray Rothbard
https://mises.org/library/progressive-era-0

America's Great Depression, by Murray Rothbard
https://mises.org/library/americas-great-depression

What Has Government Done To Our Money, by Murray Rothbard
https://mises.org/library/what-has-government-done-our-money

The Case Against The Fed, by Murray Rothbard
https://mises.org/library/case-against-fed-0

The Great Depression, by Hans Sennholz
https://mises.org/library/great-depression

Herbert Hoover and the Great Depression, by Tom Woods
audio: https://mises.org/library/14-herbert-hoover-and-great-depression

Truth about the Great Depression, by Thomas DiLorenzo
audio: https://mises.org/library/9-truth-about-great-depression

The Reformed Libertarians Podcast is a project of the Libertarian Christian Institute: https://libertarianchristians.com and a member of the Christians for Liberty Network: https://christiansforliberty.net

Audio Production by Podsworth Media - https://podsworth.com