What Can We Learn From The Great Depression

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Lessons From The Great Depression
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Author : Peter Temin
language : en
Publisher: MIT Press
Release Date : 1991-10-08
Lessons From The Great Depression written by Peter Temin and has been published by MIT Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1991-10-08 with Business & Economics categories.
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.
What Can We Learn From The Great Depression
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Author : Dana Frank
language : en
Publisher: Beacon Press
Release Date : 2024-10-08
What Can We Learn From The Great Depression written by Dana Frank and has been published by Beacon Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-10-08 with History categories.
4 stories of resilience, mutual aid, and radical rebellion that will transform how we understand the Great Depression Drawing on little-known stories of working people, What Can We Learn from the Great Depression? amplifies voices that have been long omitted from standard histories of the Depression era. In four tales, Professor Dana Frank explores how ordinary working people in the US turned to collective action to meet the crisis of the Great Depression and what we can learn from them today. Readers are introduced to * the 7 daring Black women who worked as wet nurses and staged a sit-down strike to demand better pay and an end to racial discrimination * the groups who used mutual aid, cooperatives, eviction protests, and demands for government relief to meet their basic needs * the million Mexican and Mexican American repatriados who were erased from mainstream historical memory, while (often fictitious) white “Dust Bowl migrants” became enshrined * the Black Legion, a white supremacist fascist organization that saw racism, antisemitism, anti-Catholicism, and fascism as the cure to the Depression While capitalism crashed during the Great Depression, racism did not and was, in fact, wielded by some to blame and oppress their neighbors. Patriarchy persisted, too, undermining the power of social movements and justifying women’s marginalization within them. For other ordinary people, collective action gave them the means to survive and fight against such hostilities. What resulted were powerful new forms of horizontal reciprocity and solidarity that allowed people to provide each other with the bread, beans, and comradeship of daily life. The New Deal, when it arrived, provided vital resources to many, but others were cut off from its full benefits, especially if they were women or people of color. What Can We Learn from the Great Depression? shows us how we might look to the past to think about how we can shape the future of our own failed economy. These lessons can also help us imagine and build movements to challenge such an economy—and to transform the state as a whole—in service to the common good without replicating racism and patriarchy.
The Great Depression A Diary
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Author : Benjamin Roth
language : en
Publisher: Hachette UK
Release Date : 2009-07-22
The Great Depression A Diary written by Benjamin Roth and has been published by Hachette UK this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-07-22 with History categories.
A “compelling” (New York Times) and personal daily account of the experience of the Great Depression in the mid-west, full of anxieties about the economic future, with powerful echoes for today. In the early 1920s, Benjamin Roth was a young lawyer fresh out of the army. He settled in Youngstown, Ohio, a booming Midwestern industrial town. Times were good—until the stock market crash of 1929. After nearly two years of economic crisis, it was clear that the heady prosperity of the Roaring Twenties would not return quickly. As Roth began to grasp the magnitude of what had happened to American economic life, he set out to record his impressions in a diary—a document that would grow to span several volumes over more than a decade. Penning brief, clear-eyed notes on the crisis which unfolded around him, Roth struggled to understand the complex forces governing political and economic life, yet he remained eager to learn from the crisis. As he wrote of what is now known as the Great Depression, "To the man past middle life it spells tragedy and disaster, but to those of us in the middle thirties it may be a great school of experience out of which some worth while lesson may be salvaged." Roth's words from that unique time seem to speak directly to readers today. His perceptions and experiences have a chilling similarity to those of our own era. Fearful of inflation and skeptical of big government, Roth yearned for signs of true recovery, and eventually formed his own theories of how a prudent person might survive hard times. The Great Depression: A Diary, edited by James Ledbetter, editor of Slate's "The Big Money," and Roth's son, Daniel B. Roth, reveals another side of the Great Depression—one lived through by ordinary, middle-class folks, who on a daily basis grappled with a swiftly changing economy coupled with anxiety about the unknown future.
Essays On The Great Depression
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Author : Ben S. Bernanke
language : en
Publisher: Princeton University Press
Release Date : 2009-01-10
Essays On The Great Depression written by Ben S. Bernanke and has been published by Princeton University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-01-10 with Business & Economics categories.
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.
The Global Impact Of The Great Depression 1929 1939
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Author : Dietmar Rothermund
language : en
Publisher: Routledge
Release Date : 2002-11
The Global Impact Of The Great Depression 1929 1939 written by Dietmar Rothermund and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002-11 with Business & Economics categories.
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 and the role of the international gold standard.
The Great Depression And New Deal
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Author : Eric Rauchway
language : en
Publisher: OUP USA
Release Date : 2008-03-10
The Great Depression And New Deal written by Eric Rauchway and has been published by OUP USA this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-03-10 with Business & Economics categories.
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 New Great Depression
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Author : James Rickards
language : en
Publisher: Penguin
Release Date : 2021-01-12
The New Great Depression written by James Rickards and has been published by Penguin this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-01-12 with Business & Economics categories.
A Wall Street Journal and National Bestseller! The man who predicted the worst economic crisis in US history shows you how to survive it. The current crisis is not like 2008 or even 1929. The New Depression that has emerged from the COVID pandemic is the worst economic crisis in U.S. history. Most fired employees will remain redundant. Bankruptcies will be common, and banks will buckle under the weight of bad debts. Deflation, debt, and demography will wreck any chance of recovery, and social disorder will follow closely on the heels of market chaos. The happy talk from Wall Street and the White House is an illusion. The worst is yet to come. But for knowledgeable investors, all hope is not lost. In The New Great Depression, James Rickards, New York Times bestselling author of Aftermath and The New Case for Gold, pulls back the curtain to reveal the true risks to our financial system and what savvy investors can do to survive -- even prosper -- during a time of unrivaled turbulence. Drawing on historical case studies, monetary theory, and behind-the-scenes access to the halls of power, Rickards shines a clarifying light on the events taking place, so investors understand what's really happening and what they can do about it. A must-read for any fans of Rickards and for investors everywhere who want to understand how to preserve their wealth during the worst economic crisis in US history.
Trade Policy Disaster
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Author : Douglas A. Irwin
language : en
Publisher: MIT Press
Release Date : 2024-12-10
Trade Policy Disaster written by Douglas A. Irwin and has been published by MIT Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-12-10 with Business & Economics categories.
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.
Managing Crises And De Globalisation
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Author : Sven-Olof Olsson
language : en
Publisher: Routledge
Release Date : 2009-12-16
Managing Crises And De Globalisation written by Sven-Olof Olsson and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-12-16 with Business & Economics categories.
As small, open economies the Nordic states have always been more dependent on foreign trade than larger powers, and have thus had a historic preference for free trade. But during the inter-war period the Nordic countries were squeezed between powerful and aggressive trading partners: above all Great Britain and Germany. Although the period between the end of the First World War and 1929 was marked by a return to a liberal world economy, the Great Depression ushered in a decade of protectionism. The bilateralisation of international trade was especially evident after Britain’s Ottawa treaties in 1932 and the Nazi seizure of power in 1933. Their dependence on trade with Britain and Germany meant that the Nordic countries were exposed to the full force of British and German bilateralism. The paradox is that in spite of international trade wars and regulated exchange the Nordic countries managed better than other European states during the interwar period, and that the Great Depression was not as deep or long lasting as in other countries. The chapters in this book discuss why and how this rather successful Nordic experience was achieved. The topics covered include commercial and monetary policies but also important industries such as forestry, agriculture and fishing. Many of the chapters are comparative and discuss economic developments in two or more Nordic countries.
The Great Depression
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Author : Michael A. Bernstein
language : en
Publisher: Cambridge University Press
Release Date : 1987
The Great Depression written by Michael A. Bernstein and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1987 with Business & Economics categories.
This 1988 book focusses on why the American economy failed to recover from the downturn of 1929-33.