Smiley draws upon recent advances in economic analysis to present a clear and nontechnical portrait of the Great Depression.
Gene Smiley is professor of economics at Marquette University.
Preface
ix
1 Prosperity Gives Way to the Great Depression
3
(28)
Economic growth in the 1920's.
Declining industries.
Taxes, income distribution, and the stock market boom.
Initial stages of the great contraction.
The collapsing world economy.
Continuing decline, increasing unrest, and the final banking panic.
The state of the economy in March 1933.
2 What Caused the Great Depression?
31
(40)
A framework for analysis: markets, prices, and economic contractions; banks and the Federal Reserve System; the gold standard.
Explaining the contraction: World War I dislocations, debts, and reparations; restoring the gold standard; German hyperinflation; destabilizing gold flows and the deflationary policies.
Why the depression was more severe in the United States.
3 The First New Deal, 1933-1935
71
(34)
Roosevelt and his advisers.
Ending the financial crisis.
The First Hundred Days.
The first Agricultural Adjustment Act.
The National Industrial Recovery Act.
Slow recovery from 1933 to 1935.
End of the NRA.
4 The Recovery Aborted, 1935-1939
105
(28)
Recovery from 1935 to 1937.
Roosevelt swings to the left.
The 1937-1938 depression.
Why recovery was so slow.
5 The Legacy of the Great Depression
133
(31)
World War II and the rise of Keynesian economics.
Monetary policy after the Great Depression.
Growth of the federal government and federal fiscalism.
Intervention in agriculture.
The rise of social welfare programs.
International trade and finance.
Could it happen again?
A Note on Sources
164
(6)
Index
170
What is included with this book?
The New copy of this book will include any supplemental materials advertised. Please check the title of the book to determine if it should include any access cards, study guides, lab manuals, CDs, etc.
The Used, Rental and eBook copies of this book are not guaranteed to include any supplemental materials. Typically, only the book itself is included. This is true even if the title states it includes any access cards, study guides, lab manuals, CDs, etc.
Please wait while the item is added to your bag...
×
Digital License
You are licensing a digital product for a set duration. Durations are set forth in the product description,
with "Lifetime" typically meaning five (5) years of online access and permanent download to a supported device. All licenses are non-transferable.