Format:
1 Online-Ressource (xvii, 269 pages)
,
digital, PDF file(s)
ISBN:
9780511572333
Series Statement:
Studies in economic history and policy
Content:
This 1988 book focuses on the real puzzle of 1930s America: why did the economy fail to recover from the downturn of 1929–33? The author presents a convincing case that there were important long-run tendencies within the economy that are crucial to understanding this failure. From a wealth of detail about individual industries emerges a bold thesis about the interwar economy that emphasizes both cyclical and secular factors and shows that some sectors of the economy demonstrated technological dynamism during the 1930s. His approach cuts across the more traditional explanations which have been for the most part tests of economic theories rather than historical explanations of the depression
Content:
Introduction: The puzzle of the 1930s -- Long-term economic growth and the problem of recovery in the United States, 1929-39 -- The transformation of American industry in the interwar period -- A reassessment of investment failure in the interwar economy -- Technical change during the interwar years -- The effective demand problem of the interwar period : cyclical and structural unemployment -- The effective demand problem of the interwar period : cyclical and secular changes in final demand -- New Deal economic policy and the problem of recovery -- Contemporary economic problems in historical perspective
Note:
Title from publisher's bibliographic system (viewed on 05 Oct 2015)
Additional Edition:
ISBN 9780521340489
Additional Edition:
ISBN 9780521379854
Additional Edition:
Erscheint auch als Druck-Ausgabe ISBN 9780521340489
Language:
English
DOI:
10.1017/CBO9780511572333
URL:
Volltext
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