Clare and I popped into a branch of Costa in Gloucester when we had some time to kill. We’d had a great day, save my ruining a top with a crashed motorcyclist’s blood. Still, dude was fine when the ambulance arrived … his bike wasn’t though. Interestingly enough, the speedometer showed that he’d taken a tight bend at 38 mph … during a rainstorm. That’ll be how he ended up crashing in front of me then …
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How Roosevelt and His New Deal Prolonged the Great Depression By Jim Powell

My interest was kindled when I read that Fed Chairman Ben Bernanke had saluted Milton Friedman and Anna Schwartz with the words “I would like to say to Milton and Anna: Regarding the Great Depression. You’re right, we did it. We’re very sorry. But thanks to you, we won’t do it again.” I wanted to find out why he would say that, and this book seemed a good way of doing it. (Friedman and Schwartz’s book ‘A Monetary History of the United States, 1867-1960′ goes hundreds of pages.)
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