Author: Morgan Maxfield
Publisher:
ISBN: 9780960116218
Category : Economic forecasting
Languages : en
Pages : 224

Get Book Here

Book Description

Author: Gerald Sirkin
Publisher:
ISBN:
Category :
Languages : en
Pages :

Get Book Here

Book Description

Author: Bernard C. Beaudreau
Publisher: Cambridge Scholars Publishing
ISBN: 1527542033
Category : Business & Economics
Languages : en
Pages : 146

Get Book Here

Book Description
In the aftermath of the stock market crash of 1929, Yale University Economics Professor Irving Fisher remained steadfast in his view that the boom in prices had been warranted, pointing to the myriad innovations of the 1920s, including the introduction of the electric unit drive and utility-supplied power. Dismissed by most, this view has since given way to Alan Greenspan’s view of irrational exuberance. This book presents a series of contemporary and period writings which rehabilitate the fundamentals view, showing why Irving Fisher was right. Whereas Fisher was unable to provide a convincing narrative for the crash, these writings point to the Hoover Administration’s tariff initiative, the Smoot-Hawley Tariff Bill, as the key element which contributed to both the boom and the crash.

Author: K. Brunner
Publisher: Springer Science & Business Media
ISBN: 940098135X
Category : Business & Economics
Languages : en
Pages : 367

Get Book Here

Book Description
The fateful days of the great stock market crash entered modem history almost 50 years ago to this day. The cyclic turning point of the U. S. economy oc curred, however, around June 1929, and economic activity receded substantial ly over the subsequent months. The onset of an economic downswing thus became clearly visible before the famous crash. But the October event stays in the public's mind as the symbol of the Great Depression. For nearly four years, until the spring of 1933, the U. S. economy plunged into a deep reces sion. Activity declined, prices fell, and there emerged a massive unemploy ment problem. The economy ultimately overcame this shock in 1933. Prices rose rapidly in spite of substantial margins of unusual resources. Activity ex panded, but occasionally at a somewhat hesitant rate. The expansion, however, was interrupted by another recession of major proportions during 1937-38. The tragic sequence of events shaped public consciousness and influenced new approaches and views in economic policymaking. The activist approach to "stabilization policy" and a wide range of regulatory policies were essentially justified in terms of this experience. These policies were crucially influenced by our understanding and interpretation of the Great Depression. The view of a radically unstable economic process perennially on the edge of serious collapse gained wide popularity and became a central element of the Keynesian tradi- 2 INTRODUCTION tion. It encouraged, with supplementary interpretations, an interventionist and expanding role of the government in our economic affairs.

Author:
Publisher:
ISBN:
Category :
Languages : en
Pages :

Get Book Here

Book Description
"Gold Stocks and the Great Crash of 1929 Revisited" is an editorial, published in 1997, on the gold stocks during the stock market crash of 1929 in the United States. The editorial discusses the bear market of the era, interest rates, and the switch to investing in hard asset investments after the crash.

Author: Robert Skidelsky
Publisher:
ISBN:
Category :
Languages : en
Pages :

Get Book Here

Book Description

Author: F. Scott Fitzgerald
Publisher: Good Press
ISBN:
Category : Fiction
Languages : en
Pages : 315

Get Book Here

Book Description
F. Scott Fitzgerald's 'Babylon Revisited and Other Stories' is a collection of poignant short stories that encapsulate the roaring twenties in America, exploring themes of wealth, decadence, and lost love. Fitzgerald's prose is rich and evocative, painting vivid pictures of characters struggling with the consequences of their past actions. The stories are an insightful reflection of the Jazz Age and the disillusionment that followed. Each tale showcases Fitzgerald's masterful storytelling, showcasing his ability to capture the complexities of human emotions and relationships. The reader will be transported to a world of glamour and excess, only to uncover the underlying melancholy that lies beneath the surface. Fitzgerald's use of symbolism and intricate character development sets these stories apart as timeless classics of American literature. F. Scott Fitzgerald, known for his iconic novel 'The Great Gatsby,' drew inspiration from his own life experiences and the societal changes of the early twentieth century. His personal struggles with fame and fortune are reflected in the characters and themes of his works, adding depth and authenticity to his writing. 'Babylon Revisited and Other Stories' is a masterpiece that continues to resonate with readers today, showcasing Fitzgerald's unparalleled talent as a storyteller. I highly recommend 'Babylon Revisited and Other Stories' to readers who appreciate beautifully crafted prose, captivating narratives, and insightful commentary on the human condition. This collection of short stories is a must-read for fans of classic literature and those interested in exploring the complexities of the Jazz Age in America.

Author: A. Kabiri
Publisher: Springer
ISBN: 1137372893
Category : Business & Economics
Languages : en
Pages : 149

Get Book Here

Book Description
Understanding the American stock market boom and bust of the 1920s is vital for formulating policies to combat the potentially deleterious effects of busts on the economy. Using new data, Kabiri explains what led to the 1920s stock market boom and 1929 crash and looks at whether 1929 was a bubble or not and whether it could have been anticipated.

Author: Gayle Sherwood Magee
Publisher: University of Illinois Press
ISBN: 0252033264
Category : Biography & Autobiography
Languages : en
Pages : 258

Get Book Here

Book Description
An engaging new portrait of the seminal American composer

Author: Mr.Jaromir Benes
Publisher: International Monetary Fund
ISBN: 1475505523
Category : Business & Economics
Languages : en
Pages : 71

Get Book Here

Book Description
At the height of the Great Depression a number of leading U.S. economists advanced a proposal for monetary reform that became known as the Chicago Plan. It envisaged the separation of the monetary and credit functions of the banking system, by requiring 100% reserve backing for deposits. Irving Fisher (1936) claimed the following advantages for this plan: (1) Much better control of a major source of business cycle fluctuations, sudden increases and contractions of bank credit and of the supply of bank-created money. (2) Complete elimination of bank runs. (3) Dramatic reduction of the (net) public debt. (4) Dramatic reduction of private debt, as money creation no longer requires simultaneous debt creation. We study these claims by embedding a comprehensive and carefully calibrated model of the banking system in a DSGE model of the U.S. economy. We find support for all four of Fisher's claims. Furthermore, output gains approach 10 percent, and steady state inflation can drop to zero without posing problems for the conduct of monetary policy.