Episode 168: Not Your Great-Grandfather's Depression
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The Importance of Institutional Intervention in Capitalism
During the Dust Bowl, food prices were dropping. That's not making sense to me if we're talking about the dust bowl. So I'm going to give you a somewhat more cynical take on how capitalism works when you look under the hood. Capitalism really has an amazing amount of regulation involved in it and that we kind of rely on.
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