Thomas Sowell: The Economy Corrects Itself | Uncommon Knowledge
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Thomas Sowell: The Economy Corrects Itself | Uncommon Knowledge
Hoover Institution Senior Fellow and Economist Thomas Sowell explains how past US downturns have corrected themselves, without federal intervention. Citing the sharp decline in unemployment under President Warren G. Harding, from 11.7% to 2.4% without increased government spending or monetary easing, Dr. Sowell shares a powerful reminder that ...
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