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Essays on the Great Depression (Princeton University Press, 2000) (Chapter One – "The Macroeconomics of the Great Depression" Archived 2010-07-04 at the Wayback Machine online) Best, Gary Dean. Pride, Prejudice, and Politics: Roosevelt Versus Recovery, 1933–1938 (1991) ISBN 0-275-93524-8 , a conservative viewpoint online
The term "The Great Depression" is most frequently attributed to British economist Lionel Robbins, whose 1934 book The Great Depression is credited with formalizing the phrase, [230] though Hoover is widely credited with popularizing the term, [230] [231] informally referring to the downturn as a depression, with such uses as "Economic ...
Freedom from Fear is a narrative history [25] of the United States during the Great Depression and World War II. [26] It opens on a vignette of Adolf Hitler as a lance corporal at the end of World War I and ends by narrating a nuclear weapons test in the Soviet Union and Maoism 's ascent to political power in China. [ 27 ]
Friedman wrote extensively on the Great Depression, and he termed the 1929–1933 period the Great Contraction. He argued that the Depression had been caused by an ordinary financial shock and the duration and seriousness of which were greatly increased by the subsequent contraction of the money supply caused by the misguided policies of the ...
During the Great Depression of the 1930s, Keynes spearheaded a revolution in economic thinking, challenging the ideas of neoclassical economics that held that free markets would, in the short to medium term, automatically provide full employment, as long as workers were flexible in their wage demands.
The lessons of the generation that weathered the Great Depression include self-sufficiency, frugality, and improvisation. See how to tap those notions today. 12 Things We Can Learn From the Great ...
Krugman wrote of "a whole intellectual industry, mainly operating out of right-wing think tanks, devoted to propagating the idea that FDR actually made the Depression worse.... But the definitive study of fiscal policy in the 1930s, by the MIT economist E. Cary Brown, reached a very different conclusion: Fiscal stimulus was unsuccessful 'not ...
Golden Fetters: The gold standard and the Great Depression, 1919–1939. 1992. Feinstein. Charles H. The European Economy between the Wars (1997) Garraty, John A. The Great Depression: An Inquiry into the causes, course, and Consequences of the Worldwide Depression of the Nineteen-Thirties, as Seen by Contemporaries and in Light of History (1986)