Ad
related to: conclusion of great depression essay outline pdf read write think
Search results
Results From The WOW.Com Content Network
In Freedom from Fear, the Wall Street crash of 1929 marked the Great Depression's beginning [34] but did not cause it, as according to Kennedy international economic conditions were more responsible for the economic depression. [23] Kennedy's depiction of United States president Herbert Hoover's handling of the early depression is sympathetic. [35]
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
Although the book was described by the Cato Institute as among the greatest economics books in the 20th century, and A Monetary History of the United States is widely considered to be among the most influential economics books ever made, [246] [247] it has endured criticisms for its conclusion that the Federal Reserve was to blame for 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 ...
Differences explicitly pointed out between the recession and the Great Depression include the facts that over the 79 years between 1929 and 2008, great changes occurred in economic philosophy and policy, [9] the stock market had not fallen as far as it did in 1932 or 1982, the 10-year price-to-earnings ratio of stocks was not as low as in the ...
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 ...
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 ...
The book was among the first to use popular culture, especially film, as an important resource in understanding the mood of a time. The book has stayed constantly in print since its publication. A second edition was published in 1993, coinciding with the eight-part PBS television series, The Great Depression, for which this book was a major ...