Inflation Decade, 1910--1920

Inflation Decade, 1910--1920

Author: David I. Macleod

Publisher: Springer Nature

Published: 2024

Total Pages: 342

ISBN-13: 3031553934

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Zusammenfassung: This book shows how inflation can disrupt politics and society. With no recent precedent, mild inflation spurred mass protests, myriad remedial schemes, and partisan political reversals between 1910 and 1914. Then wartime demand and inflationary fiscal policy doubled consumer prices from 1915 to 1920, triggering waves of strikes, food riots by immigrant housewives, class conflict, and elite fears of revolution. Middle-class households resented falling real incomes. Even more than today, food prices dominated consumer concerns. Yet farmers wanted high commodity prices. Accordingly, both sides blamed and attacked meatpackers, wholesalers, and retailers. Then as now, inflation hurt whichever party held the White House. Fumbling responses by Wilson's administration and the Federal Reserve led to hesitant price controls, punitive raids and prosecutions, and a now-familiar fallback--high interest rates in 1920 and subsequent recession. An epilogue traces continuing popular and political responses to changes in the consumer price index down to 2020. David I. Macleod is Professor Emeritus of History at Central Michigan University, where he taught American social and political history. His publications include Building Character in the American Boy: The Boy Scouts, YMCA, and Their Forerunners, 1870-1920 and The Age of the Child: Children in America, 1890-1920.


Relentless Change

Relentless Change

Author: Joe Martin

Publisher: University of Toronto Press

Published: 2009-09-19

Total Pages: 342

ISBN-13: 1442697156

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Casebooks in business history are designed to instruct students in classrooms and boardrooms about the evolution of business management. The first casebook for the study of business history in a Canadian context, Joseph E. Martin's text will help students, both in the classroom and the boardroom, understand the Canadian economy and guide them in making sound decisions and contributing to a healthy, growing economy. Thirteen original case studies from the mid-nineteenth to the twenty-first centuries deal with different industry sectors as well as individual corporations and managers. Overviews provide context by examining major public policy decisions and key developments in the financial system that have affected business practices. Martin also presents eight original tables that trace the evolution of the 60 largest Canadian corporations between 1905 and 2005. Relentless Change is an invaluable resource for instructors and business students and clearly demonstrates how businesses are affected by the interaction of individual decisions, policy changes, and market trends.