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by tsco77
2234 days ago
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"Although the central causes of the depression are still hotly con-
tested, there is a consensus that the "passage of the Smoot-Hawley
Tariff exacerbated the Great Depression."34 Vice President Albert
Gore's assertion (in his NAFTA debate with H. Ross Perot) of our
consensus on this issue, has been corroborated.
On top of the profession's lack of agreement about the genesis of the
Great Depression, there is a disagreement about the effect of the New
Deal. In fact, the economists in the sample are almost evenly divided on
the question of whether or not when taken "as a whole, government
policies of the New Deal served to lengthen and deepen the Great
Depression." The consensus among historians is that the new Deal did
not lengthen and deepen the depression." Whaples, Robert (March 1995). "Where Is There Consensus Among American Economic Historians? The Results of a Survey on Forty Propositions" (PDF). The Journal of Economic History. Cambridge University Press. 55 (1): 142–151. CiteSeerX 10.1.1.482.4975. doi:10.1017/S0022050700040602. JSTOR 2123771. |
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