Re: measurement of abstract labor

From: Paul C (clyder@GN.APC.ORG)
Date: Wed Jul 14 2004 - 17:43:40 EDT

> The gold standard and the Great Depression. The current judgment of
> economic historians (see, for example, Barry J. Eichengreen, Golden
> Fetters) is that attachment to the gold standard played a major part
> in keeping governments from fighting the Great Depression, and was a
> major factor turning the recession of 1929-1931 into the Great
> Depression of 1931-1941.

 It may be worth your while to re -read Keynes polemic
'The economic consequences of Mr Churchill'.

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