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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 ...
Causes of the Great Depression - Wikipedia
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 ...
[244] Rothbard criticized Friedman's conclusion that the Great Depression happened as a result of a deflationary spiral, arguing that this is inconsistent with the data, even though during the period described by Friedman as "The Great Contraction", the money supply did in fact decrease year-over-year by over 10 percentage points. [245]
America's Great Depression is a 1963 treatise on the 1930s Great Depression and its root causes, written by Austrian School economist Murray Rothbard. The book blames government policy failures for the Great Depression, and challenges the widely-held view that capitalism is unstable.
The Dow Jones Industrial Average, 1928–1930. The "Roaring Twenties", the decade following World War I that led to the crash, [4] was a time of wealth and excess.Building on post-war optimism, rural Americans migrated to the cities in vast numbers throughout the decade with hopes of finding a more prosperous life in the ever-growing expansion of America's industrial sector.
At the height of the Great Depression, in 1933, Keynes published The Means to Prosperity, which contained specific policy recommendations for tackling unemployment in a global recession, chiefly counter-cyclical public spending. The Means to Prosperity contains one of the first mentions of the multiplier effect. While it was addressed chiefly ...