New Atlanticist
May 1, 2020
Economic recovery from coronavirus: Lessons from 1918-1923
By
Harlan Ullman
The United States recovered in a short time from a world war, two recessions in quick succession, a pandemic, and a period of extreme domestic unrest. As the famous John Maynard Keynes wrote, technology was central to ending depressions. And that was the case in the early 1920s, in large part driven by Henry Ford and electrification.