Hundreds of unemployed residents wait in long queues outside the Kentucky Career Centre for help with their unemployment claims on June 19 in Frankfort, Kentucky. Photo: Getty Images/AFP Hundreds of unemployed residents wait in long queues outside the Kentucky Career Centre for help with their unemployment claims on June 19 in Frankfort, Kentucky. Photo: Getty Images/AFP
Hundreds of unemployed residents wait in long queues outside the Kentucky Career Centre for help with their unemployment claims on June 19 in Frankfort, Kentucky. Photo: Getty Images/AFP
Walter E. Block
Opinion

Opinion

The View by Walter E. Block

Donald Trump can ensure a V-shaped economic recovery by heeding lessons of 1921

  • During the depression of 1921, the Harding government did not intervene in the market, resulting in a quicker recovery
  • The Trump administration must cleave to market principles, cease stimulus, rein in the Fed and resist protectionist impulses

Walter E. Block
Walter E. Block

Updated: 9:05am, 28 Jul, 2020

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Hundreds of unemployed residents wait in long queues outside the Kentucky Career Centre for help with their unemployment claims on June 19 in Frankfort, Kentucky. Photo: Getty Images/AFP Hundreds of unemployed residents wait in long queues outside the Kentucky Career Centre for help with their unemployment claims on June 19 in Frankfort, Kentucky. Photo: Getty Images/AFP
Hundreds of unemployed residents wait in long queues outside the Kentucky Career Centre for help with their unemployment claims on June 19 in Frankfort, Kentucky. Photo: Getty Images/AFP
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Walter E. Block

Walter E. Block

Walter E. Block, Ph.D, is Harold E. Wirth Eminent Scholar Endowed Chair and Professor of Economics at Loyola University New Orleans