Great Depressions of the Twentieth Century

Great Depressions of the Twentieth Century

Author: Timothy Jerome Kehoe

Publisher:

Published: 2007

Total Pages: 500

ISBN-13:

DOWNLOAD EBOOK

The worldwide Great Depression of the 1930s was a watershed for both economic thought and economic policymaking. It led to the belief that market economies are inherently unstable and to the revolutionary work of John Maynard Keynes. Its impact on popular economic wisdom is still apparent today. Great Depressions of the Twentieth Century, which uses a common framework to study sixteen depressions from the interwar period in Europe and America, as well as from more recent times in Japan and Latin America, challenges the Keynesian theory of depressions. It develops and uses a methodology for studying depressions that relies on growth accounting and the general equilibrium growth model. Different chapters in this book analyze the depressions in Canada, France, Germany, Italy, the United Kingdom, and the United States in the 1930s, the depressions in Argentina, Brazil, Chile, and Mexico in the 1980s, and recent depressions in Argentina, Finland, Japan, New Zealand, and Switzerland. Besides the editors themselves, the contributors are Pedro Amaral, Paul Beaudry, Raphael Bergoeing, Mirta Bugarin, Harold Cole, Juan Carlos Conesa, Mario Crucini, Roberto Ellery, Victor Gomes, Jonas Fisher, Fumio Hayashi, Andreas Hornstein, James Kahn, Patrick Kehoe, Finn Kydland, James MacGee, Lee Ohanian, Fabrizio Perri, Franck Portier, Vincenzo Quadrini, Kim Ruhl, Raimundo Soto, Arilton Teixeira, and Carlos Zarazaga.


A History of Big Recessions in the Long Twentieth Century

A History of Big Recessions in the Long Twentieth Century

Author: Andrés Solimano

Publisher: Cambridge University Press

Published: 2020-02-20

Total Pages: 241

ISBN-13: 1108485049

DOWNLOAD EBOOK

This book examines the array of financial crises, slumps, depressions and recessions that happened around the globe during the twentieth and early twenty-first centuries. It covers events including World War I, hyperinflation and market crashes in the 1920s, the Great Depression of the 1930s, stagflation of the 1970s, the Latin American debt crises of the 1980s, the post-socialist transitions in Central Eastern Europe and Russia in the 1990s, and the great financial crisis of 2008-09. In addition to providing wide geographic and historical coverage of episodes of crisis in North America, Europe, Latin America and Asia, the book clarifies basic concepts in the area of recession economics, analysis of high inflation, debt crises, political cycles and international political economy. An understanding of these concepts is needed to comprehend big recessions and slumps that often lead to both political change and the reassessment of prevailing economic paradigms.


The World in Depression, 1929-1939

The World in Depression, 1929-1939

Author: Charles Poor Kindleberger

Publisher: Univ of California Press

Published: 1986

Total Pages: 392

ISBN-13: 9780520055919

DOWNLOAD EBOOK

"The World in Depression is the best book on the subject, and the subject, in turn, is the economically decisive decade of the century so far."--John Kenneth Galbraith


America's Great Depression

America's Great Depression

Author: Murray N Rothbard

Publisher:

Published: 2022-11-18

Total Pages: 0

ISBN-13: 9781639235285

DOWNLOAD EBOOK

This book is an analysis of the causes of the Great Depression of 1929. The author concludes that the Depression was caused not by laissez-faire capitalism, but by government intervention in the economy. The author argues that the Hoover administration violated the tradition of previous American depressions by intervening in an unprecedented way and that the result was a disastrous prolongation of unemployment and depression so that a typical business cycle became a lingering disease.


The Great Depression and New Deal

The Great Depression and New Deal

Author: Eric Rauchway

Publisher: OUP USA

Published: 2008-03-10

Total Pages: 161

ISBN-13: 0195326342

DOWNLOAD EBOOK

The Great Depression forced the United States to adopt policies at odds with its political traditions. This title looks at the background to the Depression, its social impact, and at the various governmental attempts to deal with the crisis.


The Great Depression in Latin America

The Great Depression in Latin America

Author: Paulo Drinot

Publisher: Duke University Press

Published: 2014-09-18

Total Pages: 373

ISBN-13: 0822376245

DOWNLOAD EBOOK

Although Latin America weathered the Great Depression better than the United States and Europe, the global economic collapse of the 1930s had a deep and lasting impact on the region. The contributors to this book examine the consequences of the Depression in terms of the role of the state, party-political competition, and the formation of working-class and other social and political movements. Going beyond economic history, they chart the repercussions and policy responses in different countries while noting common cross-regional trends--in particular, a mounting critique of economic orthodoxy and greater state intervention in the economic, social, and cultural spheres, both trends crucial to the region's subsequent development. The book also examines how regional transformations interacted with and differed from global processes. Taken together, these essays deepen our understanding of the Great Depression as a formative experience in Latin America and provide a timely comparative perspective on the recent global economic crisis. Contributors. Marcelo Bucheli, Carlos Contreras, Paulo Drinot, Jeffrey L. Gould, Roy Hora, Alan Knight, Gillian McGillivray, Luis Felipe Sáenz, Angela Vergara, Joel Wolfe, Doug Yarrington


Children of the Great Depression

Children of the Great Depression

Author: Russell Freedman

Publisher: Houghton Mifflin Harcourt

Published: 2005

Total Pages: 136

ISBN-13: 9780618446308

DOWNLOAD EBOOK

Discusses what life was like for children and their families during the harsh times of the Depression, from 1929 to the beginning of World War II.


The Return of Depression Economics

The Return of Depression Economics

Author: Paul R. Krugman

Publisher: W. W. Norton & Company

Published: 1999

Total Pages: 202

ISBN-13: 9780393048391

DOWNLOAD EBOOK

The author of "The Age of Diminished Expectations" returns with a sobering tour of the global economic crises of the last two years.


The Forgotten Depression

The Forgotten Depression

Author: James Grant

Publisher: Simon and Schuster

Published: 2014

Total Pages: 272

ISBN-13: 1451686463

DOWNLOAD EBOOK

"By the publisher of the prestigious Grant's Interest Rate Observer, an account of the deep economic slump of 1920-21 that proposes, with respect to federal intervention, "less is more." This is a free-market rejoinder to the Keynesian stimulus applied by Bush and Obama to the 2007-09 recession, in whose aftereffects, Grant asserts, the nation still toils. James Grant tells the story of America's last governmentally-untreated depression; relatively brief and self-correcting, it gave way to the Roaring Twenties. His book appears in the fifth year of a lackluster recovery from the overmedicated downturn of 2007-2009. In 1920-21, Woodrow Wilson and Warren G. Harding met a deep economic slump by seeming to ignore it, implementing policies that most twenty-first century economists would call backward. Confronted with plunging prices, wages, and employment, the government balanced the budget and, through the Federal Reserve, raised interest rates. No "stimulus" was administered, and a powerful, job-filled recovery was under way by late in 1921. In 1929, the economy once again slumped--and kept right on slumping as the Hoover administration adopted the very policies that Wilson and Harding had declined to put in place. Grant argues that well-intended federal intervention, notably the White House-led campaign to prop up industrial wages, helped to turn a bad recession into America's worst depression. He offers the experience of the earlier depression for lessons for today and the future. This is a powerful response to the prevailing notion of how to fight recession. The enterprise system is more resilient than even its friends give it credit for being, Grant demonstrates"--


The Great Depression

The Great Depression

Author: Robert S. McElvaine

Publisher: Crown

Published: 2010-10-27

Total Pages: 432

ISBN-13: 0307774449

DOWNLOAD EBOOK

One of the classic studies of the Great Depression, featuring a new introduction by the author with insights into the economic crises of 1929 and today. In the twenty-five years since its publication, critics and scholars have praised historian Robert McElvaine’s sweeping and authoritative history of the Great Depression as one of the best and most readable studies of the era. Combining clear-eyed insight into the machinations of politicians and economists who struggled to revive the battered economy, personal stories from the average people who were hardest hit by an economic crisis beyond their control, and an evocative depiction of the popular culture of the decade, McElvaine paints an epic picture of an America brought to its knees—but also brought together by people’s widely shared plight. In a new introduction, McElvaine draws striking parallels between the roots of the Great Depression and the economic meltdown that followed in the wake of the credit crisis of 2008. He also examines the resurgence of anti-regulation free market ideology, beginning in the Reagan era, and argues that some economists and politicians revised history and ignored the lessons of the Depression era.