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Few periods in history compare to the Great Depression. Stock market crashes, bread lines, bank runs, and wild currency speculation were worldwide phenomena--all occurring with war looming in the background. This period has provided economists with a marvelous laboratory for studying the links between economic policies and institutions and economic performance. Here, Ben Bernanke has gathered together his essays on why the Great Depression was so devastating.
This broad view shows us that while the Great Depression was an unparalleled disaster, some economies pulled up faster than others, and some made an opportunity out of it. By comparing and contrasting the economic strategies and statistics of the world's nations as they struggled to survive economically, the fundamental lessons of macroeconomics stand out in bold relief against a background of immense human suffering. The essays in this volume present a uniquely coherent view of the economic causes and worldwide propagation of the depression.
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On October 24, 1929, America met the greatest economic devastation it had ever known. In this first installment of his Pulitzer Prize-winning Freedom from Fear, Kennedy tells how America endured, and ...
An in-depth look at the lessons from one of the worst times in America's financial history. Are you worried about the economy? You're certainly not alone. According to most economists, the ...
Prior to the stock market crash of 1929 American music still possessed a distinct tendency towards elitism, as songwriters and composers sought to avoid the mass appeal that critics scorned. During ...
The A to Z from the Great War to the Great Depression covers this important period in American history with a chronology, an introductory essay, a bibliography, and hundreds of cross-referenced ...
Dietmar Rothermund broadens the conventional focus of the great depression to include its impact on the countries of Africa, Asia and Latin America. He explains key areas, such as Keynesian theory ...
On October 29, 1929, known as Black Tuesday, the stock market crashed, catapulting the US into the Great Depression. With updated narratives and testimonies, this book provides firsthand accounts - ...
In this timely new P.I. Guide, Murphy reveals the stark truth: free market failure didn't cause the Great Depression and the New Deal didn't cure it. Shattering myths and politically correct lies, he ...
By examining the uneven fate of manufacturing industries during the 1930s, Michael Bernstein presents a powerful new interpretation of the Great Depression. The depth and persistence of the slump, he ...
Finalist for the 2009 National Book Critics Circle Award in Criticism: from Agee to Astaire, Steinbeck to Ellington, the creative energies of the Depression against a backdrop of poverty and economic ...
Down and Out in the Great Depression is a moving, revealing collection of letters by the forgotten men, women, and children who suffered through one of the greatest periods of hardship in ...