Did WWII End the Great Depression?

Did World War II end The Great Depression?

This is an important question, as it is one of the few cases of real evidence presented by the Keynesians, who see government spending as the way to counteract and overcome deep recessions or depressions.  Obviously, Presidents Obama and Bush were Keynesians in this respect.

This article sheds some light on the subject, as does this one by Robert Higgs.

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Filed under Austrian Economics, Libertarian, monetary policy, politics, recession, role of government, War

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