Bias is a tricky thing in the social sciences. It's not a simple matter of just teaching the facts. The facts have a context, and that context doesn't always align with neutral positions.
Category: Economics
Comparing the Great Depression with the Great Recession
Question: I have heard people compare the 2008 recession to the depression in the 1930s. But I have always been confused as to why. The depression was caused by issues with loans and no one being able to pay back (with interest) to the US. A recession is something different, right? answer: Hmmm. That is a … Continue reading Comparing the Great Depression with the Great Recession