Lessons from the Great Depression

Lessons from the Great Depression
Author: Peter Temin
Publisher: MIT Press
Total Pages: 220
Release: 1991-10-08
Genre: Business & Economics
ISBN: 9780262261197

Lessons from the Great Depression provides an integrated view of the depression, covering the experience in Britain, France, Germany, and the United States. Do events of the 1930s carry a message for the 1990s? Lessons from the Great Depression provides an integrated view of the depression, covering the experience in Britain, France, Germany, and the United States. It describes the causes of the depression, why it was so widespread and prolonged, and what brought about eventual recovery. Peter Temin also finds parallels in recent history, in the relentless deflationary course followed by the U.S. Federal Reserve Board and the British government in the early 1980s, and in the dogged adherence by the Reagan administration to policies generated by a discredited economic theory—supply-side economics.

Lessons from the Great Depression

Lessons from the Great Depression
Author: Peter Temin
Publisher: Mit Press
Total Pages: 193
Release: 1991
Genre: Business & Economics
ISBN: 9780262700443

Do events of the 1930s carry a message for the 1990s? Lessons from the Great Depression provides an integrated view of the depression, covering the experience in Britain, France, Germany, and the United States. It describes the causes of the depression, why it was so widespread and prolonged, and what brought about eventual recovery.Peter Temin also finds parallels in recent history, in the relentless deflationary course followed by the U.S. Federal Reserve Board and the British government in the early 1980s, and in the dogged adherence by the Reagan administration to policies generated by a discredited economic theory - supply-side economics.Peter Temin is Professor of Economics at MIT.

The New Great Depression

The New Great Depression
Author: James Rickards
Publisher: Penguin
Total Pages: 210
Release: 2021-01-12
Genre: Business & Economics
ISBN: 0593330277

A Wall Street Journal and National Bestseller! The man who predicted the worst economic crisis in US history shows you how to survive it. The current crisis is not like 2008 or even 1929. The New Depression that has emerged from the COVID pandemic is the worst economic crisis in U.S. history. Most fired employees will remain redundant. Bankruptcies will be common, and banks will buckle under the weight of bad debts. Deflation, debt, and demography will wreck any chance of recovery, and social disorder will follow closely on the heels of market chaos. The happy talk from Wall Street and the White House is an illusion. The worst is yet to come. But for knowledgeable investors, all hope is not lost. In The New Great Depression, James Rickards, New York Times bestselling author of Aftermath and The New Case for Gold, pulls back the curtain to reveal the true risks to our financial system and what savvy investors can do to survive -- even prosper -- during a time of unrivaled turbulence. Drawing on historical case studies, monetary theory, and behind-the-scenes access to the halls of power, Rickards shines a clarifying light on the events taking place, so investors understand what's really happening and what they can do about it. A must-read for any fans of Rickards and for investors everywhere who want to understand how to preserve their wealth during the worst economic crisis in US history.

What Can We Learn from the Great Depression?

What Can We Learn from the Great Depression?
Author: Dana Frank
Publisher: Beacon Press
Total Pages: 346
Release: 2024-10-08
Genre: History
ISBN: 0807046906

Four stories of resilience, mutual aid, and radical rebellion that will transform how we understand the Great Depression Drawing on little-known stories of working people, What Can We Learn from the Great Depression? amplifies voices that have been long omitted from standard histories of the Depression era. In four tales, Professor Dana Frank explores how ordinary working people in the US turned to collective action to meet the crisis of the Great Depression and what we can learn from them today. Readers are introduced to * the 7 daring Black women who worked as wet nurses and staged a sit-down strike to demand better pay and an end to racial discrimination * the groups who used mutual aid, cooperatives, eviction protests, and demands for government relief to meet their basic needs * the million Mexican and Mexican American repatriados who were erased from mainstream historical memory, while (often fictitious) white “Dust Bowl migrants” became enshrined * the Black Legion, a white supremacist fascist organization that saw racism, antisemitism, anti-Catholicism, and fascism as the cure to the Depression While capitalism crashed during the Great Depression, racism did not and was, in fact, wielded by some to blame and oppress their neighbors. Patriarchy persisted, too, undermining the power of social movements and justifying women’s marginalization within them. For other ordinary people, collective action gave them the means to survive and fight against such hostilities. What resulted were powerful new forms of horizontal reciprocity and solidarity that allowed people to provide each other with the bread, beans, and comradeship of daily life. The New Deal, when it arrived, provided vital resources to many, but others were cut off from its full benefits, especially if they were women or people of color. What Can We Learn from the Great Depression? shows us how we might look to the past to think about how we can shape the future of our own failed economy. These lessons can also help us imagine and build movements to challenge such an economy—and to transform the state as a whole—in service to the common good without replicating racism and patriarchy.

Hard Times

Hard Times
Author: Studs Terkel
Publisher: New Press/ORIM
Total Pages: 641
Release: 2011-07-26
Genre: History
ISBN: 1595587608

From the Pulitzer Prize–winning author of The Good War: A masterpiece of modern journalism and “a huge anthem in praise of the American spirit” (Saturday Review). In this “invaluable record” of one of the most dramatic periods in modern American history, Studs Terkel recaptures the Great Depression of the 1930s in all its complexity. Featuring a mosaic of memories from politicians, businessmen, artists, striking workers, and Okies, from those who were just kids to those who remember losing a fortune, Hard Times is not only a gold mine of information but a fascinating interplay of memory and fact, revealing how the 1929 stock market crash and its repercussions radically changed the lives of a generation. The voices that speak from the pages of this unique book are as timeless as the lessons they impart (The New York Times). “Hard Times doesn’t ‘render’ the time of the depression—it is that time, its lingo, mood, its tragic and hilarious stories.” —Arthur Miller “Wonderful! The American memory, the American way, the American voice. It will resurrect your faith in all of us to read this book.” —Newsweek “Open Studs Terkel’s book to almost any page and rich memories spill out . . . Read a page, any page. Then try to stop.” —The National Observer

Essays on the Great Depression

Essays on the Great Depression
Author: Ben S. Bernanke
Publisher: Princeton University Press
Total Pages: 321
Release: 2009-01-10
Genre: Business & Economics
ISBN: 1400820278

From the Nobel Prize–winning economist and former chair of the U.S. Federal Reserve, a landmark book that provides vital lessons for understanding financial crises and their sometimes-catastrophic economic effects As chair of the U.S. Federal Reserve during the Global Financial Crisis, Ben Bernanke helped avert a greater financial disaster than the Great Depression. And he did so by drawing directly on what he had learned from years of studying the causes of the economic catastrophe of the 1930s—work for which he was later awarded the Nobel Prize. This influential work is collected in Essays on the Great Depression, an important account of the origins of the Depression and the economic lessons it teaches.

Clara's Kitchen

Clara's Kitchen
Author: Clara Cannucciari
Publisher: St. Martin's Press
Total Pages: 208
Release: 2009-10-27
Genre: Cooking
ISBN: 1429963719

YouTube® sensation Clara Cannucciari shares her treasured recipes and commonsense wisdom in a heartwarming remembrance of the Great Depression Clara Cannucciari is a 94 year-old internet sensation. Her YouTube® Great Depression Cooking videos have an army of devoted followers. In Clara's Kitchen, she gives readers words of wisdom to buck up America's spirits, recipes to keep the wolf from the door, and tells her story of growing up during the Great Depression with a tight-knit family and a "pull yourself up by your bootstraps" philosophy of living. In between recipes for pasta with peas, eggplant parmesan, chocolate covered biscotti, and other treats Clara gives readers practical advice on cooking nourishing meals for less. Using lessons she learned during the Great Depression, she writes, for instance, about how to conserve electricity when cooking and how you can stretch a pot of pasta with a handful of lentils. She reminisces about her youth and writes with love about her grandchildren and great-grandchildren. Clara's Kitchen takes readers back to a simpler, if not more difficult time, and gives everyone what they need right now: hope for the future and a nice dish of warm pasta from everyone's favorite grandmother, Clara Cannuciari, a woman who knows what's really important in life.

Potato

Potato
Author: Kate Lied
Publisher: National Geographic Kids
Total Pages: 0
Release: 2002-11
Genre: Juvenile Fiction
ISBN: 9780792269465

When Dorothy's father loses his job and cannot find another, the family borrows a car and sets off for Idaho where jobs picking potatoes can be found. This true story gives children a vivid sense of the Great Depression on a level they can understand. Full-color illustrations.

FDR's Folly

FDR's Folly
Author: Jim Powell
Publisher: Crown
Total Pages: 354
Release: 2007-12-18
Genre: History
ISBN: 030742071X

The Great Depression and the New Deal. For generations, the collective American consciousness has believed that the former ruined the country and the latter saved it. Endless praise has been heaped upon President Franklin Delano Roosevelt for masterfully reining in the Depression’s destructive effects and propping up the country on his New Deal platform. In fact, FDR has achieved mythical status in American history and is considered to be, along with Washington, Jefferson, and Lincoln, one of the greatest presidents of all time. But would the Great Depression have been so catastrophic had the New Deal never been implemented? In FDR’s Folly, historian Jim Powell argues that it was in fact the New Deal itself, with its shortsighted programs, that deepened the Great Depression, swelled the federal government, and prevented the country from turning around quickly. You’ll discover in alarming detail how FDR’s federal programs hurt America more than helped it, with effects we still feel today, including: • How Social Security actually increased unemployment • How higher taxes undermined good businesses • How new labor laws threw people out of work • And much more This groundbreaking book pulls back the shroud of awe and the cloak of time enveloping FDR to prove convincingly how flawed his economic policies actually were, despite his good intentions and the astounding intellect of his circle of advisers. In today’s turbulent domestic and global environment, eerily similar to that of the 1930s, it’s more important than ever before to uncover and understand the truth of our history, lest we be doomed to repeat it.

Narrative Economics

Narrative Economics
Author: Robert J. Shiller
Publisher: Princeton University Press
Total Pages: 408
Release: 2020-09-01
Genre: Business & Economics
ISBN: 0691212074

From Nobel Prize–winning economist and New York Times bestselling author Robert Shiller, a groundbreaking account of how stories help drive economic events—and why financial panics can spread like epidemic viruses Stories people tell—about financial confidence or panic, housing booms, or Bitcoin—can go viral and powerfully affect economies, but such narratives have traditionally been ignored in economics and finance because they seem anecdotal and unscientific. In this groundbreaking book, Robert Shiller explains why we ignore these stories at our peril—and how we can begin to take them seriously. Using a rich array of examples and data, Shiller argues that studying popular stories that influence individual and collective economic behavior—what he calls "narrative economics"—may vastly improve our ability to predict, prepare for, and lessen the damage of financial crises and other major economic events. The result is nothing less than a new way to think about the economy, economic change, and economics. In a new preface, Shiller reflects on some of the challenges facing narrative economics, discusses the connection between disease epidemics and economic epidemics, and suggests why epidemiology may hold lessons for fighting economic contagions.