The Great Contraction, 1929-1933

The Great Contraction, 1929-1933
Author: Milton Friedman
Publisher: Princeton University Press
Total Pages: 299
Release: 2012-12-27
Genre: Business & Economics
ISBN: 1400846854

Download The Great Contraction, 1929-1933 Book in PDF, Epub and Kindle

Friedman and Schwartz's A Monetary History of the United States, 1867-1960, published in 1963, stands as one of the most influential economics books of the twentieth century. A landmark achievement, the book marshaled massive historical data and sharp analytics to support the claim that monetary policy--steady control of the money supply--matters profoundly in the management of the nation's economy, especially in navigating serious economic fluctuations. The chapter entitled "The Great Contraction, 1929-33" addressed the central economic event of the century, the Great Depression. Published as a stand-alone paperback in 1965, The Great Contraction, 1929-1933 argued that the Federal Reserve could have stemmed the severity of the Depression, but failed to exercise its role of managing the monetary system and ameliorating banking panics. The book served as a clarion call to the monetarist school of thought by emphasizing the importance of the money supply in the functioning of the economy--a concept that has come to inform the actions of central banks worldwide. This edition of the original text includes a new preface by Anna Jacobson Schwartz, as well as a new introduction by the economist Peter Bernstein. It also reprints comments from the current Federal Reserve chairman, Ben Bernanke, originally made on the occasion of Milton Friedman's 90th birthday, on the enduring influence of Friedman and Schwartz's work and vision.

The Great Contraction, 1929-1933

The Great Contraction, 1929-1933
Author: Milton Friedman
Publisher: Princeton University Press
Total Pages: 298
Release: 2008-08-31
Genre: Business & Economics
ISBN: 0691137943

Download The Great Contraction, 1929-1933 Book in PDF, Epub and Kindle

This volume argues that the Federal Reserve could have stemmed the severity of the Depression, but failed to exercise its role of managing the monetary system and ameliorating banking panics.

The Great Contraction, 1929-1933

The Great Contraction, 1929-1933
Author: Milton Friedman
Publisher:
Total Pages: 150
Release: 1967
Genre: Currency question
ISBN: 9780835781527

Download The Great Contraction, 1929-1933 Book in PDF, Epub and Kindle

Essays on the Great Depression

Essays on the Great Depression
Author: Ben S. Bernanke
Publisher: Princeton University Press
Total Pages: 352
Release: 2024-01-09
Genre: Business & Economics
ISBN: 0691259666

Download Essays on the Great Depression Book in PDF, Epub and Kindle

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. Essays on the Great Depression brings together Bernanke’s influential work on the origins and economic lessons of the Depression, and this new edition also includes his Nobel Prize lecture.

The Great Contraction 1929 - 1933

The Great Contraction 1929 - 1933
Author: Milton Friedman
Publisher:
Total Pages: 0
Release: 1965
Genre: Currency question
ISBN:

Download The Great Contraction 1929 - 1933 Book in PDF, Epub and Kindle

From New Deal Banking Reform to World War II Inflation

From New Deal Banking Reform to World War II Inflation
Author: Milton Friedman
Publisher: Princeton University Press
Total Pages: 182
Release: 2014-07-14
Genre: Business & Economics
ISBN: 1400854253

Download From New Deal Banking Reform to World War II Inflation Book in PDF, Epub and Kindle

This selection from the authors' A Monetary History of the United States, 1867-1960 (Princeton) describes the changes that were made in the banking structure and in the monetary standard following the great contraction of 1929 to 1933, the establishment of monetary policies after the New Deal period, and the development of inflation during World War II. Originally published in 1980. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.

FDR's Folly

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

Download FDR's Folly Book in PDF, Epub and Kindle

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.