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Dont forget the Long Depression at the end of the 19th century! That was a odd one though
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I think that one is just a misnomer. The end of the 19th century was a period of rapid economic growth and expansion. I don't think "the long depression" is anything more than modern Keynesian economists misinterpreting economic history.
I'm not any sort of expert on this period, though, so I'd be interested to see evidence that the standard of living was actually depressed in this period.
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21 sats \ 0 replies \ @Cje95 2 Aug
The silver of 1873 really messed up a lot of stuff though having a pretty wild cascading effect on the economy
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