Leaviss: The ten policy errors that got us here

HOW DID WE GET HERE?

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When it was all academic, I enjoyed reading about the causes of the Wall Street Crash, the Great Depression and the German hyper-inflation.

Policy errors abounded. The UK going back on to the Gold Standard in the middle of the crisis and sending the economy down in to a deflationary spiral. Andrew Mellon, US Treasury Secretary, saying "liquidate labor, liquidate stocks, liquidate farmers, liquidate real estate...

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