Economist Magazine Endorses Henry Ford’s Anti-Semitism

By Published On: July 25, 2007

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In reviewing Amity Shlaes’ The Forgotten Man: A New History of the Great Depression in its July 21st issue, the Economist Magazine actually seems to endorse the notorious anti-Semitism of Henry Ford.

While Ms. Shlaes in her book charges that President Roosevelt’s economic policies only made things worse, the Economist approvingly quotes Henry Ford to point the finger at another villain — the Jews. Here’s the somewhat shocking passage:

Ms Shlaes tends to look at the Depression in terms of the conflict between business (good) and politics (bad). At the time, though, Roosevelt’s view that the “lack of honour of men in high financial places” was at the root of the trouble seemed like a statement of the obvious, rather than a political pose. Even Henry Ford had been uttering warnings that “the Jews of Wall Street”, as he so nicely called them, had stored up trouble in the 1920s. The Depression appeared to prove him right.

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