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  4. James Buchan
  5. Up until the Depression, recession had a moral character:...

Up until the Depression, recession had a moral character: it was supposed to purge the body economic of the greed and excess that attends a business expansion.

James Buchan
Character, Greed, Expansion
Up until the Depression, recession had a moral character: it was supposed to purge the body economic of the greed and excess that attends a business expansion.