America S First Great Depression

Author : Alasdair Roberts
Publisher : Cornell University Press
Page : 265 pages
File Size : 53,9 Mb
Release : 2012-04-15
Category : History
ISBN : 9780801464676

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America's First Great Depression by Alasdair Roberts Pdf

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 : Andrew H. Browning
Publisher : University of Missouri Press
Page : 451 pages
File Size : 44,8 Mb
Release : 2019-04-01
Category : History
ISBN : 9780826274250

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The Panic of 1819 by Andrew H. Browning Pdf

The Panic of 1819 tells the story of the first nationwide economic collapse to strike the United States. Much more than a banking crisis or real estate bubble, the Panic was the culmination of an economic wave that rolled through the United States, forming before the War of 1812, cresting with the land and cotton boom of 1818, and crashing just as the nation confronted the crisis over slavery in Missouri. The Panic introduced Americans to the new phenomenon of boom and bust, changed the country's attitudes towards wealth and poverty, spurred the political movement that became Jacksonian Democracy, and helped create the sectional divide that would lead to the Civil War. Although it stands as one of the turning points of American history, few Americans today have heard of the Panic of 1819, with the result that we continue to ignore its lessons—and repeat its mistakes.

Author : Murray N. Rothbard
Publisher : Blurb
Page : 372 pages
File Size : 51,6 Mb
Release : 2018-09-10
Category : Business & Economics
ISBN : 0464857317

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America's Great Depression by Murray N. Rothbard Pdf

America's Great Depression is the classic treatise on the 1930s Great Depression and its root causes. Author Rothbard blames government interventionist policies for magnifying the duration, breadth, and intensity of the Great Depression. He explains how government manipulation of the money supply sets the stage for the familiar "boom-bust" phases of the modern market which we know all too well. He then details the inflationary policies of the Federal Reserve from 1921 to 1929 as evidence that the depression was essentially caused not by speculation, but by government and central bank interference in the market. Clearly we find history tragically repeating itself today. A must-read.

Author : Marc Favreau
Publisher : Little, Brown Books for Young Readers
Page : 256 pages
File Size : 41,5 Mb
Release : 2018-04-10
Category : Juvenile Nonfiction
ISBN : 9780316545839

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Crash by Marc Favreau Pdf

The incredible true story of how real people weathered one of the most turbulent periods in American history—the Great Depression—and emerged triumphant. From the sweeping consequences of the stock market crash to the riveting stories of individuals and communities caught up in a real American dystopia, discover how the country we live in today was built in response to a time when people from all walks of life fell victim to poverty, insecurity, and fear. Meet fascinating historical characters like Herbert Hoover, Franklin Delano and Eleanor Roosevelt, Frances Perkins, Dorothea Lange, Walter White, and Mary McLeod Bethune. See what life was like for regular Americans as the country went from the highs of the Roaring Twenties to the lows of the Great Depression, before bouncing back again during World War II. Explore pivotal scenes such as the creation of the New Deal, life in the Dust Bowl, the sit-down strikes in Michigan, the Scottsboro case, and the rise of Father Coughlin. Packed with photographs and firsthand accounts, and written with a keen understanding of the upheaval of the 1930s, Crash shares the incredible story of how America survived—and, ultimately, thrived.

Author : Murray Newton Rothbard
Publisher : Ludwig von Mises Institute
Page : 286 pages
File Size : 43,8 Mb
Release : 2007
Category : Depressions
ISBN : 9781610163705

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Panic of 1819: Reactions and Policies, The by Murray Newton Rothbard Pdf

Author : Murray Newton Rothbard
Publisher : Ludwig von Mises Institute
Page : 361 pages
File Size : 43,9 Mb
Release : 1972
Category : Business cycles
ISBN : 9781610164801

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America's Great Depression by Murray Newton Rothbard Pdf

Applied Austrian economics doesn't get better than this. Murray N. Rothbard's America's Great Depression is a staple of modern economic literature and crucial for understanding a pivotal event in American and world history. The book remains canonical today because the debate is still very alive. This book applies Austrian business cycle theory to understanding the onset of the 1929 Great Depression. Rothbard first summarizes the Austrian theory and offers a criticism of competing theories, including the views of Keynes. Rothbard then considers Federal Reserve policy in the 1920s, showing its inflationary character. The influence of Benjamin Strong, the Governor of the New York Federal Reserve Bank, was especially important. In part, his expansionary policy was motivated by his desire to help Britain sustain the pound. Strong was close friends with Montagu Norman, the Governor of the Bank of England. After the 1929 crash, Herbert Hoover followed an interventionist policy that prefigured the New Deal. He favored keeping wage rates high and thus contributed to rising unemployment. Against the popular stereotype, Rothbard shows that Hoover was not a partisan of laissez-faire.

Author : Robert S. McElvaine
Publisher : Crown
Page : 432 pages
File Size : 50,9 Mb
Release : 2010-10-27
Category : History
ISBN : 9780307774446

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The Great Depression by Robert S. McElvaine Pdf

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 : Oxford University Press
Page : 160 pages
File Size : 51,9 Mb
Release : 2008-03-10
Category : History
ISBN : 9780199716913

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The Great Depression and the New Deal: A Very Short Introduction by Eric Rauchway Pdf

The New Deal shaped our nation's politics for decades, and was seen by many as tantamount to the "American Way" itself. Now, in this superb compact history, Eric Rauchway offers an informed account of the New Deal and the Great Depression, illuminating its successes and failures. Rauchway first describes how the roots of the Great Depression lay in America's post-war economic policies--described as "laissez-faire with a vengeance"--which in effect isolated our nation from the world economy just when the world needed the United States most. He shows how the magnitude of the resulting economic upheaval, and the ineffectiveness of the old ways of dealing with financial hardships, set the stage for Roosevelt's vigorous (and sometimes unconstitutional) Depression-fighting policies. Indeed, Rauchway stresses that the New Deal only makes sense as a response to this global economic disaster. The book examines a key sampling of New Deal programs, ranging from the National Recovery Agency and the Securities and Exchange Commission, to the Public Works Administration and Social Security, revealing why some worked and others did not. In the end, Rauchway concludes, it was the coming of World War II that finally generated the political will to spend the massive amounts of public money needed to put Americans back to work. And only the Cold War saw the full implementation of New Deal policies abroad--including the United Nations, the World Bank, and the International Monetary Fund. Today we can look back at the New Deal and, for the first time, see its full complexity. Rauchway captures this complexity in a remarkably short space, making this book an ideal introduction to one of the great policy revolutions in history. About the Series: Oxford's Very Short Introductions offers concise and original introductions to a wide range of subjects--from Islam to Sociology, Politics to Classics, and Literary Theory to History. Not simply a textbook of definitions, each volume provides trenchant and provocative--yet always balanced and complete--discussions of the central issues in a given topic. Every Very Short Introduction gives a readable evolution of the subject in question, demonstrating how it has developed and influenced society. Whatever the area of study, whatever the topic that fascinates the reader, the series has a handy and affordable guide that will likely prove indispensable.

Author : Walter Friedman
Publisher : Princeton University Press
Page : 288 pages
File Size : 52,6 Mb
Release : 2013-12-01
Category : Business & Economics
ISBN : 9780691159119

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Fortune Tellers by Walter Friedman Pdf

A gripping history of the pioneers who sought to use science to predict financial markets The period leading up to the Great Depression witnessed the rise of the economic forecasters, pioneers who sought to use the tools of science to predict the future, with the aim of profiting from their forecasts. This book chronicles the lives and careers of the men who defined this first wave of economic fortune tellers, men such as Roger Babson, Irving Fisher, John Moody, C. J. Bullock, and Warren Persons. They competed to sell their distinctive methods of prediction to investors and businesses, and thrived in the boom years that followed World War I. Yet, almost to a man, they failed to predict the devastating crash of 1929. Walter Friedman paints vivid portraits of entrepreneurs who shared a belief that the rational world of numbers and reason could tame--or at least foresee--the irrational gyrations of the market. Despite their failures, this first generation of economic forecasters helped to make the prediction of economic trends a central economic activity, and shed light on the mechanics of financial markets by providing a range of statistics and information about individual firms. They also raised questions that are still relevant today. What is science and what is merely guesswork in forecasting? What motivates people to buy forecasts? Does the act of forecasting set in motion unforeseen events that can counteract the forecast made? Masterful and compelling, Fortune Tellers highlights the risk and uncertainty that are inherent to capitalism itself.

Author : Dale Maharidge,Bruce Springsteen
Publisher : Univ of California Press
Page : 276 pages
File Size : 46,7 Mb
Release : 2013-05-14
Category : Social Science
ISBN : 9780520274518

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Someplace Like America by Dale Maharidge,Bruce Springsteen Pdf

Exposes the deepening crisis of poverty and homelessness in America through stories, photographs, and analysis.

Author : Sarah Churchwell
Publisher : Basic Books
Page : 368 pages
File Size : 45,5 Mb
Release : 2018-10-09
Category : History
ISBN : 9781541673427

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Behold, America by Sarah Churchwell Pdf

A Smithsonian Magazine Best History Book of 2018 The unknown history of two ideas crucial to the struggle over what America stands for In Behold, America, Sarah Churchwell offers a surprising account of twentieth-century Americans' fierce battle for the nation's soul. It follows the stories of two phrases--the "American dream" and "America First"--that once embodied opposing visions for America. Starting as a Republican motto before becoming a hugely influential isolationist slogan during World War I, America First was always closely linked with authoritarianism and white supremacy. The American dream, meanwhile, initially represented a broad vision of democratic and economic equality. Churchwell traces these notions through the 1920s boom, the Depression, and the rise of fascism at home and abroad, laying bare the persistent appeal of demagoguery in America and showing us how it was resisted. At a time when many ask what America's future holds, Behold, America is a revelatory, unvarnished portrait of where we have been.

Author : Nick Fellows,Mike Wells
Publisher : Cambridge University Press
Page : 241 pages
File Size : 52,5 Mb
Release : 2012-12-20
Category : Juvenile Nonfiction
ISBN : 9781107656420

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History for the IB Diploma: The Great Depression and the Americas 1929-39 by Nick Fellows,Mike Wells Pdf

An exciting series that covers selected topics from the Higher Level options in the IB History syllabus. This coursebook covers Higher Level option 3, Topic 7, The Great Depression and the Americas 1929-39. The text is divided into clear sections following the IB syllabus structure and content specifications. It offers a sound historical account along with detailed explanations and analysis, and an emphasis on historical debate to prepare students for the in-depth, extended essay required in the Paper 3 examination. It also provides plenty of exam practice including student answers with examiner's comments, simplified mark schemes and practical advice on approaching the Paper 3 examination.

Author : David M. Kennedy
Publisher : Oxford University Press
Page : 504 pages
File Size : 43,9 Mb
Release : 2003-11-20
Category : History
ISBN : 9780199840069

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The American People in the Great Depression by David M. Kennedy Pdf

On October 24, 1929, America met the greatest economic devastation it had ever known. In this first installment of his Pulitzer Prize-winning Freedom from Fear, Kennedy tells how America endured, and eventually prevailed, in the face of that unprecedented calamity. Kennedy vividly demonstrates that the economic crisis of the 1930s was more than a reaction to the excesses of the 1920s. For more than a century before the Crash, America's unbridled industrial revolution had gyrated through repeated boom and bust cycles, consuming capital and inflicting misery on city and countryside alike. Nor was the alleged prosperity of the 1920s as uniformly shared as legend portrays. Countless Americans eked out threadbare lives on the margins of national life. Roosevelt's New Deal wrenched opportunity from the trauma of the 1930s and created a lasting legacy of economic and social reform, but it was afflicted with shortcomings and contradictions as well. With an even hand Kennedy details the New Deal's problems and defeats, as well as its achievements. He also sheds fresh light on its incandescent but enigmatic author, Franklin D. Roosevelt. Marshalling unforgettable narratives that feature prominent leaders as well as lesser-known citizens, The American People in the Great Depression tells the story of a resilient nation finding courage in an unrelenting storm.

Author : Andrew H. Browning
Publisher : Studies in Constitutional Demo
Page : 451 pages
File Size : 42,9 Mb
Release : 2019-04
Category : Business & Economics
ISBN : 9780826221834

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The Panic of 1819 by Andrew H. Browning Pdf

Introduction -- The legacy of Napoleon: embargo, war, and peace -- Three revolutions: market, transportation, corporation -- Volcano weather -- Alabama fever: "I must go West and plant" -- Bank expansion: "frothy bubbles" -- Bank contraction: "the axe must be applied to the root of the evil" -- Hard times in the East: "a long continuation of distress" -- Hard times in the West: "reflections which almost unmans me" -- Relief? -- The politics of corruption and the corruption of politics -- A house dividing: the Panic of 1819 and the growth of sectionalism

Author : Marcia Amidon Lusted
Publisher : Nomad Press
Page : 129 pages
File Size : 51,7 Mb
Release : 2016-02-22
Category : Juvenile Nonfiction
ISBN : 9781619303379

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The Great Depression by Marcia Amidon Lusted Pdf

In The Great Depression: Experience the 1930s From the Dust Bowl to the New Deal, readers ages 12 to 15 investigate the causes, duration, and outcome of the Great Depression, the period of time when more than 20 percent of Americans were unemployed. They discover how people coped, what new inventions came about, and how the economics of the country affected the arts, sciences, and politics of the times. The decade saw the inauguration of many social programs that Americans still benefit from today. The combination of President Roosevelt’s New Deal and the dawning of World War II gave enough economic stimulus to boost the United States out of its slump and into a new era of recovery. In The Great Depression, students explore what it meant to live during this time. Projects such as designing a 1930s outfit and creating a journal from the point of view of a kid whose family is on the road help infuse the content with realism and practicality. In-depth investigations of primary sources from the period allow readers to engage in further, independent study of the times. Additional materials include a glossary, a list of current reference works, and Internet resources.