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- Great_Contraction abstract "The Great Contraction is Milton Friedman's term for the recession which led to the Great Depression.The term served as the title for the relevant chapter in Friedman and Schwartz's 1963 work A Monetary History of the United States. The chapter was later published as a stand-alone paperback entitled The Great Contraction, 1929-33 in 1965.Friedman labeled it thus because he believed that the depression lasted so long due to the Federal Reserve's mismanagement. He argued that the Reserve contracted the monetary supply dramatically, prolonging the Depression, which Friedman claims could have been over by 1931.Economists such as Paul Krugman refer to the similarly named (and sometimes confused with) Great Compression as a period during which economic equality rose due to the progressive tax policies instituted during the years of WWII and the policies of the Roosevelt Administration.".
- Great_Contraction wikiPageID "1094478".
- Great_Contraction wikiPageLength "1577".
- Great_Contraction wikiPageOutDegree "10".
- Great_Contraction wikiPageRevisionID "489002897".
- Great_Contraction wikiPageWikiLink A_Monetary_History_of_the_United_States.
- Great_Contraction wikiPageWikiLink Anna_Schwartz.
- Great_Contraction wikiPageWikiLink Category:Great_Depression.
- Great_Contraction wikiPageWikiLink Federal_Reserve_System.
- Great_Contraction wikiPageWikiLink Great_Compression.
- Great_Contraction wikiPageWikiLink Great_Depression.
- Great_Contraction wikiPageWikiLink Milton_Friedman.
- Great_Contraction wikiPageWikiLink Paperback.
- Great_Contraction wikiPageWikiLink Paul_Krugman.
- Great_Contraction wikiPageWikiLink Progressive_tax.
- Great_Contraction wikiPageWikiLinkText "Great Contraction".
- Great_Contraction wikiPageUsesTemplate Template:Econ-stub.
- Great_Contraction wikiPageUsesTemplate Template:Refimprove.
- Great_Contraction wikiPageUsesTemplate Template:Reflist.
- Great_Contraction subject Category:Great_Depression.
- Great_Contraction hypernym Term.
- Great_Contraction type Event.
- Great_Contraction type Event.
- Great_Contraction comment "The Great Contraction is Milton Friedman's term for the recession which led to the Great Depression.The term served as the title for the relevant chapter in Friedman and Schwartz's 1963 work A Monetary History of the United States. The chapter was later published as a stand-alone paperback entitled The Great Contraction, 1929-33 in 1965.Friedman labeled it thus because he believed that the depression lasted so long due to the Federal Reserve's mismanagement.".
- Great_Contraction label "Great Contraction".
- Great_Contraction sameAs Q5598997.
- Great_Contraction sameAs m.045hbr.
- Great_Contraction sameAs Q5598997.
- Great_Contraction wasDerivedFrom Great_Contraction?oldid=489002897.
- Great_Contraction isPrimaryTopicOf Great_Contraction.