Everyone Ought to Be Rich: John J. Raskob

For anyone who watched the 1929 Great Depression Part 1 we posted earlier, you may remember mention of John J. Raskob’s August 1929 article in “Ladies Home Journal” several months before “Black Thursday”, we have provided the article here EverybodyOughtToBeRich (002) (Note the average wage in the US Wage was $15,000 in 1929.)

This is fascinating reading and touches on so many themes that I don’t want to spoil sit for you but to say perhaps Georg Hegel was right “We learn from history that we do not learn from history.”



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