Get The Great Depression An International Disaster of Perverse Economic Policies

Free The Great Depression An International Disaster of Perverse Economic Policies



Free The Great Depression An International Disaster of Perverse Economic Policies

Free The Great Depression An International Disaster of Perverse Economic Policies

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Book Details :
Published on: 1998-03-02
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Original language: English
Free The Great Depression An International Disaster of Perverse Economic Policies

The Great Depression was the worst economic catastrophe in modern history. Not only did it cause massive worldwide unemployment, but it also led to the rise of Adolf Hitler in Germany, World War II in Europe, and the tragic deaths of tens of millions of people. This book describes the sequence of policy errors committed by powerful, well-meaning people in several countries, which, in combination with the gold standard in place at the time, caused the disaster. In addition, it details attempts to reduce unemployment in the United States by Franklin Roosevelt's New Deal, and in Germany by Hitler's National Socialist economic policies.A comprehensive economic and historical explanation of the events pertaining to the Depression, this book begins by describing the economic setting in the major industrialized countries during the 1920s and the gold standard that linked theory economies together. It then discusses the triggering event that started the economic decline--the Federal Reserve's credit tightening in reaction to perceived overspeculation in the U.S. stock market. The policy bungling that transformed the recession into the Great Depression is detailed: Smoot Hawley, the Federal Reserve's disastrous adherence to the real bills doctrine, and Hoover's 1932 tax hike. This is followed by a detailed description of the New Deal's shortcomings in trying to end the Depression, along with a discussion of the National Socialist economic programs in Germany. Finally, the factors that ended the Depression are examined.This book will appeal to economists, historians, and those interested in business conditions who would like to know more about the causes and consequences of the Great Depression. It will be particularly useful as a supplementary text in economic history courses.Thomas E. Hall and J. David Ferguson are both Professors of Economics, Miami University. Politics News about Politics in America & the World Check out Rolling Stone's latest political news and features covering today's hottest political topics and Matt Taibbi's take. Great Depression: The Concise Encyclopedia of Economics ... A worldwide depression struck countries with market economies at the end of the 1920s. Although the Great Depression was relatively mild in some countries it was ... The U.S. economic crisis International Socialist Review THE U.S. economy is currently experiencing its worst crisis since the Great Depression. The crisis started in the home mortgage market especially the market for so ... Great Depression facts information pictures ... The Great Depression followed almost a decade of spectacular economic growth. Between 1921 and 1929 output per worker grew about 5.9 percent per year roughly double ... Great Depression The_collapse_of_agriculture economic ... Great Depression chronology Collapse of agriculture ... Spring 1930 Crash in commodities prices:: Copper had been pegged at 18 cents per pound by an international ... Business News Personal Finance and Money News - ABC News Find the latest business news on Wall Street jobs and the economy the housing market personal finance and money investments and much more on ABC News Great Depression - Wikipedia The Great Depression was a severe worldwide economic depression that took place during the 1930s. The timing of the Great Depression varied across nations; in most ... America's Great Depression - Causes and Cures Causes The Stock Market Crash The Stock Market Crash in October of 1929 is often cited as the beginning of the Great Depression but did it actually cause it? Great Depression in the United States - Wikipedia The Great Depression began in August 1929 when the United States economy first went into an economic recession. Although the country spent two months with declining ... Price Controls: The Concise Encyclopedia of Economics ... The appeal of price controls is understandable. Even though they fail to protect many consumers and hurt others controls hold out the promise of protecting groups ...
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