The Forgotten Depression PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download The Forgotten Depression PDF full book. Access full book title The Forgotten Depression by James Grant. Download full books in PDF and EPUB format.
Author: James Grant
Publisher: Simon and Schuster
ISBN: 1451686463
Category : Business & Economics
Languages : en
Pages : 272
Get Book Here
Book Description
"By the publisher of the prestigious Grant's Interest Rate Observer, an account of the deep economic slump of 1920-21 that proposes, with respect to federal intervention, "less is more." This is a free-market rejoinder to the Keynesian stimulus applied by Bush and Obama to the 2007-09 recession, in whose aftereffects, Grant asserts, the nation still toils. James Grant tells the story of America's last governmentally-untreated depression; relatively brief and self-correcting, it gave way to the Roaring Twenties. His book appears in the fifth year of a lackluster recovery from the overmedicated downturn of 2007-2009. In 1920-21, Woodrow Wilson and Warren G. Harding met a deep economic slump by seeming to ignore it, implementing policies that most twenty-first century economists would call backward. Confronted with plunging prices, wages, and employment, the government balanced the budget and, through the Federal Reserve, raised interest rates. No "stimulus" was administered, and a powerful, job-filled recovery was under way by late in 1921. In 1929, the economy once again slumped--and kept right on slumping as the Hoover administration adopted the very policies that Wilson and Harding had declined to put in place. Grant argues that well-intended federal intervention, notably the White House-led campaign to prop up industrial wages, helped to turn a bad recession into America's worst depression. He offers the experience of the earlier depression for lessons for today and the future. This is a powerful response to the prevailing notion of how to fight recession. The enterprise system is more resilient than even its friends give it credit for being, Grant demonstrates"--
Author: James Grant
Publisher: Simon and Schuster
ISBN: 1451686463
Category : Business & Economics
Languages : en
Pages : 272
Get Book Here
Book Description
"By the publisher of the prestigious Grant's Interest Rate Observer, an account of the deep economic slump of 1920-21 that proposes, with respect to federal intervention, "less is more." This is a free-market rejoinder to the Keynesian stimulus applied by Bush and Obama to the 2007-09 recession, in whose aftereffects, Grant asserts, the nation still toils. James Grant tells the story of America's last governmentally-untreated depression; relatively brief and self-correcting, it gave way to the Roaring Twenties. His book appears in the fifth year of a lackluster recovery from the overmedicated downturn of 2007-2009. In 1920-21, Woodrow Wilson and Warren G. Harding met a deep economic slump by seeming to ignore it, implementing policies that most twenty-first century economists would call backward. Confronted with plunging prices, wages, and employment, the government balanced the budget and, through the Federal Reserve, raised interest rates. No "stimulus" was administered, and a powerful, job-filled recovery was under way by late in 1921. In 1929, the economy once again slumped--and kept right on slumping as the Hoover administration adopted the very policies that Wilson and Harding had declined to put in place. Grant argues that well-intended federal intervention, notably the White House-led campaign to prop up industrial wages, helped to turn a bad recession into America's worst depression. He offers the experience of the earlier depression for lessons for today and the future. This is a powerful response to the prevailing notion of how to fight recession. The enterprise system is more resilient than even its friends give it credit for being, Grant demonstrates"--
Author: Amity Shlaes
Publisher: Harper Collins
ISBN: 0061807214
Category : History
Languages : en
Pages : 568
Get Book Here
Book Description
In The Forgotten Man, Amity Shlaes, one of the nation's most-respected economic commentators, offers a striking reinterpretation of the Great Depression. She traces the mounting agony of the New Dealers and the moving stories of individual citizens who through their brave perseverance helped establish the steadfast character we recognize as American today.
Author: Robert S. McElvaine
Publisher: Univ of North Carolina Press
ISBN: 0807898813
Category : History
Languages : en
Pages : 276
Get Book Here
Book Description
Down and Out in the Great Depression is a moving, revealing collection of letters by the forgotten men, women, and children who suffered through one of the greatest periods of hardship in American history. Sifting through some 15,000 letters from government and private sources, Robert McElvaine has culled nearly 200 communications that best show the problems, thoughts, and emotions of ordinary people during this time. Unlike views of Depression life "from the bottom up" that rely on recollections recorded several decades later, this book captures the daily anguish of people during the thirties. It puts the reader in direct contact with Depression victims, evoking a feeling of what it was like to live through this disaster. Following Franklin D. Roosevelt's inauguration, both the number of letters received by the White House and the percentage of them coming from the poor were unprecedented. The average number of daily communications jumped to between 5,000 and 8,000, a trend that continued throughout the Rosevelt administration. The White House staff for answering such letters--most of which were directed to FDR, Eleanor Roosevelt, or Harry Hopkins--quickly grew from one person to fifty. Mainly because of his radio talks, many felt they knew the president personally and could confide in him. They viewed the Roosevelts as parent figures, offering solace, help, and protection. Roosevelt himself valued the letters, perceiving them as a way to gauge public sentiment. The writers came from a number of different groups--middle-class people, blacks, rural residents, the elderly, and children. Their letters display emotional reactions to the Depression--despair, cynicism, and anger--and attitudes toward relief. In his extensive introduction, McElvaine sets the stage for the letters, discussing their significance and some of the themes that emerge from them. By preserving their original spelling, syntax, grammar, and capitalization, he conveys their full flavor. The Depression was far more than an economic collapse. It was the major personal event in the lives of tens of millions of Americans. McElvaine shows that, contrary to popular belief, many sufferers were not passive victims of history. Rather, he says, they were "also actors and, to an extent, playwrights, producers, and directors as well," taking an active role in trying to deal with their plight and solve their problems. For this twenty-fifth anniversary edition, McElvaine provides a new foreword recounting the history of the book, its impact on the historiography of the Depression, and its continued importance today.
Author: Robert S. McElvaine
Publisher: Crown
ISBN: 0307774449
Category : History
Languages : en
Pages : 432
Get Book Here
Book Description
One of the classic studies of the Great Depression, featuring a new introduction by the author with insights into the economic crises of 1929 and today. In the twenty-five years since its publication, critics and scholars have praised historian Robert McElvaine’s sweeping and authoritative history of the Great Depression as one of the best and most readable studies of the era. Combining clear-eyed insight into the machinations of politicians and economists who struggled to revive the battered economy, personal stories from the average people who were hardest hit by an economic crisis beyond their control, and an evocative depiction of the popular culture of the decade, McElvaine paints an epic picture of an America brought to its knees—but also brought together by people’s widely shared plight. In a new introduction, McElvaine draws striking parallels between the roots of the Great Depression and the economic meltdown that followed in the wake of the credit crisis of 2008. He also examines the resurgence of anti-regulation free market ideology, beginning in the Reagan era, and argues that some economists and politicians revised history and ignored the lessons of the Depression era.
Author: Eric Rauchway
Publisher: OUP USA
ISBN: 0195326342
Category : Business & Economics
Languages : en
Pages : 161
Get Book Here
Book Description
The Great Depression forced the United States to adopt policies at odds with its political traditions. This title looks at the background to the Depression, its social impact, and at the various governmental attempts to deal with the crisis.
Author: Charles Poor Kindleberger
Publisher: Univ of California Press
ISBN: 9780520055919
Category : Business & Economics
Languages : en
Pages : 392
Get Book Here
Book Description
"The World in Depression is the best book on the subject, and the subject, in turn, is the economically decisive decade of the century so far."--John Kenneth Galbraith
Author: David A. Shannon
Publisher:
ISBN:
Category : Depressions
Languages : en
Pages : 200
Get Book Here
Book Description
Author: Alasdair Roberts
Publisher: Cornell University Press
ISBN: 0801464676
Category : History
Languages : en
Pages : 265
Get Book Here
Book Description
For a while, it seemed impossible to lose money on real estate. But then the bubble burst. The financial sector was paralyzed and the economy contracted. State and federal governments struggled to pay their domestic and foreign creditors. Washington was incapable of decisive action. The country seethed with political and social unrest. In America's First Great Depression, Alasdair Roberts describes how the United States dealt with the economic and political crisis that followed the Panic of 1837. As Roberts shows, the two decades that preceded the Panic had marked a democratic surge in the United States. However, the nation’s commitment to democracy was tested severely during this crisis. Foreign lenders questioned whether American politicians could make the unpopular decisions needed on spending and taxing. State and local officials struggled to put down riots and rebellion. A few wondered whether this was the end of America’s democratic experiment. Roberts explains how the country’s woes were complicated by its dependence on foreign trade and investment, particularly with Britain. Aware of the contemporary relevance of this story, Roberts examines how the country responded to the political and cultural aftershocks of 1837, transforming its political institutions to strike a new balance between liberty and social order, and uneasily coming to terms with its place in the global economy.
Author: David Stout
Publisher: Sourcebooks, Inc.
ISBN: 1492694800
Category : True Crime
Languages : en
Pages : 489
Get Book Here
Book Description
A chilling true crime book that chronicles the wave of abductions that terrorized the U.S. during the Great Depression, including the most infamous kidnapping case in American history. "A thrilling account that puts the 1932 Lindbergh baby kidnapping case, billed as "the crime of the century," in the context of the thousands of other kidnappings that occurred in the U.S. during the Prohibition and Depression eras...will enthrall true crime fans."—Publishers Weekly, STARRED review The Great Depression was a time of desperation in America—parents struggled to feed their children and unemployment was at a record high. Adding to the lawlessness of the decade, thugs with submachine guns and corrupt law-enforcement officers ran rampant. But amidst this panic, there was one sure-fire way to make money, one used by criminals and resourceful civilians alike: kidnapping. Jump into this forgotten history with Edgar Award-winning author David Stout as he explores the reports of missing people that inundated newspapers at the time. Learn the horrifying details of these abduction cases, from the methods used and the investigative processes to the personal histories of the culprits and victims. All of this culminates with the most infamous kidnapping in American history, the one that targeted an international celebrity and changed legislation forever: the Lindbergh kidnapping. The Kidnap Years is a gritty, visceral, thoughtfully reported page-turner that chronicles the sweep of abductions that afflicted all corners of the country as desperate people were pushed to do the unthinkable. "A fascinating crime book like no other."—David Cay Johnston, Pulitzer Prize-winning journalist
Author: Murray N Rothbard
Publisher:
ISBN: 9781639235285
Category : Social Science
Languages : en
Pages : 0
Get Book Here
Book Description
This book is an analysis of the causes of the Great Depression of 1929. The author concludes that the Depression was caused not by laissez-faire capitalism, but by government intervention in the economy. The author argues that the Hoover administration violated the tradition of previous American depressions by intervening in an unprecedented way and that the result was a disastrous prolongation of unemployment and depression so that a typical business cycle became a lingering disease.
