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Reverberations between Immoderate Land-Price Cycles and Banking Cycles

Paper delivered at Annual Meetings, Association for Evolutionary Economics (AFEE), Chicago, January 8, 2012

Major Outline

The Pecora Hearings, 1933.  Another 10 days that shook the world.
Hearings sponsored by a dying Republican Congress.  Role of Hoover, seeking scapegoat.  Role of Senator Norbeck of S.D., an echo of earlier progressive Republicans of the Bull Moose Party.
Pecora was a surprise, . . . → Read More: Reverberations between Immoderate Land-Price Cycles and Banking Cycles