The Great Depression
Delayed Recovery and Economic Change in America, 1929-1939
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Great Depression by Michael A. Bernstein
Book DescriptionThis 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.
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Book DetailsISBN: 9780521379854
(228mm x 152mm x 15mm)
Imprint: Cambridge University Press
Publisher: Cambridge University Press
Publish Date: 27-Jan-1989
Country of Publication: United Kingdom
Books By Author Michael A. Bernstein
Perilous Progress, Paperback (February 2004)
Examines how a community of experts identified with uncritical celebration of "free market" virtues was itself shaped, dramatically so, by government and collective action. This book describes economists' fitful efforts to sway a state apparatus where values and goals could seldom remain separate from means and technique.
Understanding American Economic Decline, Paperback (July 1994)» View all books by Michael A. Bernstein
Essays by leading scholars present a novel and systematic analysis of the economic difficulties confronting the United States.
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