One fact was that the farm sector's depression preceded the rest of the US economy's depression by about a decade. The "roaring 20s" were primarily an urban phenomenon.
On 8/12/07, Michael Perelman <[EMAIL PROTECTED]> wrote: > Many economists believed that depressions were "farm led and farm > bred". Not long before I went to grad school a not insignificant > number of economists attributed the Great Depression to the farm > depression that Shoven was describing. -- Jim Devine / "Segui il tuo corso, e lascia dir le genti." (Go your own way and let people talk.) -- Karl, paraphrasing Dante.
