
Using the 2009 testimony of Brad DeLong as a foil, Bob defends the gold standard from the typical accusation that it was responsible for the Great Depression. Bob shows that even after leaving gold, both the UK and US remain mired with double-digit unemployment for longer than prior depressions had lasted. Related: - https://infineo.ai/resources/blog/Did-Gold-Cause-the-Great-Depression - https://fee.org/articles/the-depression-youve-never-heard-of-1920-1921 Watch the video version of this episode here: https://youtu.be/wt0rAynxgGc Subscribe to our YouTube channel: https://bit.ly/3XXfmGS Follow us on Instagram: https://www.instagram.com/infineogroup Follow us on Twitter: https://www.twitter.com/infineogroup Learn more about Infineo at: https://www.infineo.io Audio Production by Podsworth Media - https://podsworth.com
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Ep. 147: The Myth of "Wildcat Banks" in US History

Ep. 146: Alex Tabarrok on the Economic Analysis of Crime

Ep. 145: Sorry Mamdani, Rent Control Doesn't Work

Ep. 143: Alan Greenspan's Fed Fueled the Housing Bubble
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