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07/12/2005 Archived Entry: ""

A correspondent advises, "Excellent analysis by Lynne Kiesling of the economic forces driving the current gasoline-price "spike". Also, some comments on the Fed's monetary mismanagement leading to the Great Depression. Lynne makes the interesting comment that there is a near-total disconnect between the "popular history" accounts of the causes of the Great Depression and the accounts given in most economic textbooks.