What is a key reason that scholars and economists want to identify causes of the Great Depression ?
In his memoirs , President Hoover wrote bitterly about members of his Cabinet who had advised inaction during the downslide into the Great Depression:Before the " Keynesian Revolution " , such a liquidationist theory was a common position for economists to take and was held and advanced by economists like Friedrich Hayek , Lionel Robbins Joseph Schumpeter , Seymour Harris and others .