"This book truly
is a must read."
-- Congressman Ron Paul
REGIME UNCERTAINTY
Why the Great Depression Lasted So Long and Why Prosperity Resumed after the War By Robert Higgs
Evidence from public opinion polls and corporate bond markets shows that FDR’s policies prevented a robust recovery of long-term private investment by significantly reducing investors’ confidence in the durability of private property rights. Not until the New Deal/war economy ended and resources became available for peacetime production did private investment—and the nation’s economic health—fully recover. Independent Institute Click here to download PDF
