Philosophers, page 252). Because there is no disposable income, “85 businesses failed, nine million savings accounts were lost, salaries dwindled 40%”, (Robert L. Heilbroner, The Worldly Philosophers, page 251). As if this was not enough, in the 1930s the world was faced with a devastating economic effect of them all, the great depression. A mind buckling reduction in the national income of “$39 billion in 1933, down from $87 billion just three years before”, (Robert L. Heilbroner, The Worldly Philosophers…
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