American Business Cycles 1945-50
American Business Cycles 1945-50

Author: Conrad Blyth

Publisher: Routledge

Published: 2013-11-05

Total Pages: 302

ISBN-13: 1136598197

DOWNLOAD EBOOK

After the end of the Second World War businessmen and economists throughout the world feared that the American postwar inflationary boom would end in a serious slump. The slump took a long time to come, and when it did appear in 1949 it was both mild and short lived. In its mildness and brevity it foreshadowed the American business recessions since that time and, indeed, may foreshadow the end of the business cycle as it has been known in the past. This book presents the first full-scale study of the 1948–49 recession in the United States, making it the focal point of a detailed, analytical account of American business fluctuations from the end of the Second World War until the beginning of the Korean War. The main part of the book is prefaced by a review of fluctuations from 1945 to 1967 and of the business cycle theory, which places the postwar events in perspective. Of special importance are the studies of the ending, in early 1948, of the period of re-stocking and re-equipment; of the impact of the changed farm situation in this deflationary atmosphere, and use of modern consumption theory to explain the changes in household spending after the war and during the recession. Dr. Blyth has drawn extensively upon the results of modern economic research, and has woven the econometric findings and the historical narrative together with a theoretical analysis. He conclusively rejects the theory that recent U.S. business cycles are the result of any largely self-perpetuating fluctuation in investment in stocks. Instead he draws attention to the persistent destabilizing roles of changes in defense expenditure and of changes in monetary policy-inventory investment performs the largely passive role of aggravating these changes. The book, first published in 1969, will be of value not only to specialists in business cycle studies, but to economists and others concerned with the problems of stability and growth in the international economy, as well as to economic historians.

The American Business Cycle
The American Business Cycle

Author: Robert J. Gordon

Publisher: University of Chicago Press

Published: 2007-11-01

Total Pages: 882

ISBN-13: 0226304590

DOWNLOAD EBOOK

In recent decades the American economy has experienced the worst peace-time inflation in its history and the highest unemployment rate since the Great Depression. These circumstances have prompted renewed interest in the concept of business cycles, which Joseph Schumpeter suggested are "like the beat of the heart, of the essence of the organism that displays them." In The American Business Cycle, some of the most prominent macroeconomics in the United States focuses on the questions, To what extent are business cycles propelled by external shocks? How have post-1946 cycles differed from earlier cycles? And, what are the major factors that contribute to business cycles? They extend their investigation in some areas as far back as 1875 to afford a deeper understanding of both economic history and the most recent economic fluctuations. Seven papers address specific aspects of economic activity: consumption, investment, inventory change, fiscal policy, monetary behavior, open economy, and the labor market. Five papers focus on aggregate economic activity. In a number of cases, the papers present findings that challenge widely accepted models and assumptions. In addition to its substantive findings, The American Business Cycle includes an appendix containing both the first published history of the NBER business-cycle dating chronology and many previously unpublished historical data series.

The Reconstruction of Western Europe 1945-1951
The Reconstruction of Western Europe 1945-1951

Author: Alan S. Milward

Publisher: Routledge

Published: 2013-11-05

Total Pages: 561

ISBN-13: 1136592032

DOWNLOAD EBOOK

First Published in 2005. The author’s intention was to write a history of the greatest economic boom in European history, of that unique, ugly and triumphant experience of the 1950s and 1960s which changed so utterly the scope of human existence and expectations as well as the consciousness of the people of western Europe. But it became clear that this extraordinary boom had one other attribute as unique as the remarkable length of time over which the growth of output, incomes and wealth lasted.

How New York Stole the Idea of Modern Art
How New York Stole the Idea of Modern Art

Author: Serge Guilbaut

Publisher: University of Chicago Press

Published: 2020-09-15

Total Pages: 305

ISBN-13: 022679184X

DOWNLOAD EBOOK

"A provocative interpretation of the political and cultural history of the early cold war years. . . . By insisting that art, even art of the avant-garde, is part of the general culture, not autonomous or above it, he forces us to think differently not only about art and art history but about society itself."—New York Times Book Review

The Origins of International Economic Disorder
The Origins of International Economic Disorder

Author: Fred L. Block

Publisher: Univ of California Press

Published: 1977

Total Pages: 300

ISBN-13: 9780520030091

DOWNLOAD EBOOK

Monograph examining the impact of the USA monetary policy on the international monetary system - traces trends in the decline of the gold standard, discusses various monetary agreements, and explains the u.s. Balance of payments deficit. Bibliography pp. 259 to 274, references and statistical tables.

From Dead Ends to Cold Warriors
From Dead Ends to Cold Warriors

Author: Peter W.Y. Lee

Publisher: Rutgers University Press

Published: 2021-02-12

Total Pages: 195

ISBN-13: 1978813481

DOWNLOAD EBOOK

After World War II, studies examining youth culture on the silver screen start with James Dean. But the angst that Dean symbolized—anxieties over parents, the “Establishment,” and the expectations of future citizen-soldiers—long predated Rebels without a Cause. Historians have largely overlooked how the Great Depression and World War II impacted and shaped the Cold War, and youth contributed to the national ideologies of family and freedom. From Dead Ends to Cold Warriors explores this gap by connecting facets of boyhood as represented in American film from the 1930s to the postwar years. From the Andy Hardy series to pictures such as The Search, Intruder in the Dust, and The Gunfighter, boy characters addressed larger concerns over the dysfunctional family unit, militarism, the “race question,” and the international scene as the Korean War began. Navigating the political, social, and economic milieus inside and outside of Hollywood, Peter W.Y. Lee demonstrates that continuities from the 1930s influenced the unique postwar moment, coalescing into anticommunism and the Cold War.