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2020 May 21

Daily Archives: May 21, 2020

Learning from the Great Depression

According to Mark Twain (supposedly), history doesn’t repeat itself, but it frequently rhymes. He was right. Donald Trump, for example, rhymes with Mussolini. The decline of organized labor in recent decades rhymes with its decline in the 1920s. And the coming depression will rhyme, in many respects, with the Great Depression.