Who predicted the Crash of 1929?
Gerard Jackson writes about the economists that DID predict the Crash of 1929.
The Great Depression — then and now and bloody journalists
Excerpt:
“…Yet 80 years later we are still being told that economics still failed to predict the Great Depression, despite the historical fact that a group of economists succeeded where the mainstream forecasters failed. Widespread ignorance of this fact among those who are paid to know better is an intellectual scandal.”