Lessons from the Great Depression

Lessons from the Great Depression

Author: Peter Temin

Publisher: MIT Press

Published: 1991-10-08

Total Pages: 220

ISBN-13: 9780262261197

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Lessons from the Great Depression provides an integrated view of the depression, covering the experience in Britain, France, Germany, and the United States. Do events of the 1930s carry a message for the 1990s? Lessons from the Great Depression provides an integrated view of the depression, covering the experience in Britain, France, Germany, and the United States. It describes the causes of the depression, why it was so widespread and prolonged, and what brought about eventual recovery. Peter Temin also finds parallels in recent history, in the relentless deflationary course followed by the U.S. Federal Reserve Board and the British government in the early 1980s, and in the dogged adherence by the Reagan administration to policies generated by a discredited economic theory—supply-side economics.


Lessons from the Great Depression

Lessons from the Great Depression

Author: Peter Temin

Publisher: Mit Press

Published: 1991

Total Pages: 193

ISBN-13: 9780262700443

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Do events of the 1930s carry a message for the 1990s? Lessons from the Great Depression provides an integrated view of the depression, covering the experience in Britain, France, Germany, and the United States. It describes the causes of the depression, why it was so widespread and prolonged, and what brought about eventual recovery.Peter Temin also finds parallels in recent history, in the relentless deflationary course followed by the U.S. Federal Reserve Board and the British government in the early 1980s, and in the dogged adherence by the Reagan administration to policies generated by a discredited economic theory - supply-side economics.Peter Temin is Professor of Economics at MIT.


The End of Globalization

The End of Globalization

Author: Harold JAMES

Publisher: Harvard University Press

Published: 2009-06-30

Total Pages: 272

ISBN-13: 0674039084

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Globalisation is here. This text provides an historical perspective, exploring the circumstances in which the globally integrated world of an earlier era broke down under the pressure of unexpected events.


Essays on the Great Depression

Essays on the Great Depression

Author: Ben S. Bernanke

Publisher: Princeton University Press

Published: 2009-01-10

Total Pages: 321

ISBN-13: 1400820278

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From the Nobel Prize–winning economist and former chair of the U.S. Federal Reserve, a landmark book that provides vital lessons for understanding financial crises and their sometimes-catastrophic economic effects As chair of the U.S. Federal Reserve during the Global Financial Crisis, Ben Bernanke helped avert a greater financial disaster than the Great Depression. And he did so by drawing directly on what he had learned from years of studying the causes of the economic catastrophe of the 1930s—work for which he was later awarded the Nobel Prize. This influential work is collected in Essays on the Great Depression, an important account of the origins of the Depression and the economic lessons it teaches.


Potato

Potato

Author: Kate Lied

Publisher: National Geographic Kids

Published: 2002-11

Total Pages: 0

ISBN-13: 9780792269465

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When Dorothy's father loses his job and cannot find another, the family borrows a car and sets off for Idaho where jobs picking potatoes can be found. This true story gives children a vivid sense of the Great Depression on a level they can understand. Full-color illustrations.


Lessons from the Great Depression For Dummies®

Lessons from the Great Depression For Dummies®

Author: Steve Wiegand

Publisher: John Wiley & Sons

Published: 2009-06-03

Total Pages: 298

ISBN-13: 0470542349

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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 turmoil that Americans will face over the next four years will be the roughest financial times since the Great Depression-and many are looking backward to learn how to survive an ongoing and sustained economic downturn. Lessons from the Great Depression For Dummies takes a historic look at the events and circumstances leading up to the 1929 crash and subsequent depression, then the economic aftermath-particularly the economic response. This book paints a historic picture of those times and examines not only the critical failures that led to a decade of depression, but also the positive and negative aftershocks that created the modern American lifestyle. You'll see how the lessons we learned have shaped today's political and financial landscape-and how they'll continue to be part of the American experience for future generations. Provides information on what was learned from the Great Depression and how those lessons have shaped the economic foundation of modern society Looks at the various factors that combined to create the Great Depression Examines the social and cultural impact that the Depression had on the American people-and how our lives today are very much a product of those factors Steve Wiegand, n award-winning political journalist and history writer, is the also the author of U.S. History for Dummies, 2nd Edition For anyone looking to understand how the American people survived and emerged from a financial disaster with their heads held high and their spirit intact, Lessons from the Great Depression For Dummies is the ideal resource.


Trade Policy Disaster

Trade Policy Disaster

Author: Douglas A. Irwin

Publisher: MIT Press

Published: 2011-10-21

Total Pages: 211

ISBN-13: 0262297744

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The extreme protectionism that contributed to a collapse of world trade in the 1930s is examined in light of the recent economic crisis. The recent economic crisis—with the plunge in the stock market, numerous bank failures and widespread financial distress, declining output and rising unemployment—has been reminiscent of the Great Depression. The Depression of the 1930s was marked by the spread of protectionist trade policies, which contributed to a collapse in world trade. Although policymakers today claim that they will resist the protectionist temptation, recessions are breeding grounds for economic nationalism, and countries may yet consider imposing higher trade barriers. In Trade Policy Disaster, Douglas Irwin examines what we know about trade policy during the traumatic decade of the 1930s and considers what we can learn from the policy missteps of the time. Irwin argues that the extreme protectionism of the 1930s emerged as a consequence of policymakers' reluctance to abandon the gold standard and allow their currencies to depreciate. By ruling out exchange rate changes as an adjustment mechanism, policymakers turned instead to higher tariffs and other means of restricting imports. He offers a clear and concise exposition of such topics as the effect of higher trade barriers on the implosion of world trade; the impact of the Smoot-Hawley tariff of 1930; the reasons some countries adopted draconian trade restrictions (including exchange controls and import quotas) but others did not; the effect of preferential trade arrangements and bilateral clearing agreements on the multilateral system of world trade; and lessons for avoiding future trade wars.


The Great Depression of the 1930s

The Great Depression of the 1930s

Author: Nicholas Crafts

Publisher: OUP Oxford

Published: 2013-02-28

Total Pages: 474

ISBN-13: 0191640093

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Understanding the Great Depression has never been more relevant than in today's economic crisis. This edited collection provides an authoritative introduction to the Great Depression as it affected the advanced countries in the 1930s. The contributions are by acknowledged experts in the field and cover in detail the experiences of Britain, Germany, and, the United States, while also seeing the depression as an international disaster. The crisis entailed the collapse of the international monetary system, sovereign default, and banking crises in many countries in the context of the most severe downturn in western economic history. The responses included protectionism, regulation, fiscal and monetary stimulus, and the New Deal. The relevance to current problems facing Europe and the United States is apparent. The chapters are written at a level which will be comprehensible to advanced undergraduates in economics and history while also being a valuable source of reference for policy makers grappling with the current economic crisis. The book will be of interest to modern macroeconomists and students of interwar history alike and seeks to bring the results of modern research in economic history to a wide audience. The focus is not only on explaining how the Great Depression happened but also on understanding what eventually led to the recovery from the crisis. A key feature is that every chapter has a full list of bibliographical references which can be a platform for further study.


Born and Bred in the Great Depression

Born and Bred in the Great Depression

Author: Jonah Winter

Publisher: Schwartz & Wade

Published: 2011-10-11

Total Pages: 41

ISBN-13: 0375983856

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East Texas, the 1930s—the Great Depression. Award-winning author Jonah Winter's father grew up with seven siblings in a tiny house on the edge of town. In this picture book, Winter shares his family history in a lyrical text that is clear, honest, and utterly accessible to young readers, accompanied by Kimberly Bulcken Root's rich, gorgeous illustrations. Here is a celebration of family and of making do with what you have—a wonderful classroom book that's also perfect for children and parents to share.


The Great Depression: A Diary

The Great Depression: A Diary

Author: Benjamin Roth

Publisher: PublicAffairs

Published: 2009-07-22

Total Pages: 289

ISBN-13: 1586488376

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When the stock market crashed in 1929, Benjamin Roth was a young lawyer in Youngstown, Ohio. After he began to grasp the magnitude of what had happened to American economic life, he decided to set down his impressions in his diary. This collection of those entries reveals another side of the Great Depression—one lived through by ordinary, middle-class Americans, who on a daily basis grappled with a swiftly changing economy coupled with anxiety about the unknown future. Roth's depiction of life in time of widespread foreclosures, a schizophrenic stock market, political unrest and mass unemployment seem to speak directly to readers today.