Great myths of the great depression mp3 many volumes have been written about the great depression and its impact on the lives of millions of americans historians economists and politicians have all combed the wreckage searching for the black box that will reveal the cause of this legendary tragedy. Great myths of the great depression by lawrence w reed original edition printed in 1981 this edition was printed in 2010 as a joint project of the mackinac center and the foundation for economic education to james m rodney a great friend of truth character and liberty. The great depression devastated every part of america even its smallest towns william c durant founder of general motors lost more than 40 million in the stock market gm stayed in the black throughout the depression under the cost cutting leadership of alfred p sloan phase ii disintegration of the world economy. Students today are often given a skewed account of the great depression of 1929 1941 that condemns free market capitalism as the cause of and promotes government intervention as the solution to the economic hardships of the era
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