The Great Depression, 1929 - 1938: Lessons for the 1980's

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Hoover Press, Aug 1, 2013 - Business & Economics
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Economists as diverse in approach as Lord Keynes and Milton Friedman have analyzed the causes of the Great Depression, and their answers have ranged from underconsumption to failings in monetary policy. In Part 1 of The Great Depression, Christian Saint-Etienne compares these theories with economic statistics for the interwar period and adds a further explanation: a collapse in international trade initiated by the Hawley-Smoot Tariff in the United States. Part 2 studies the economic history of the 1970s and the early 1980s to assess the likelhood of a depression in the 1980s. Among the author's recommendations for preventing a recurrence are free trade, reform of the international banking system, and coordination of the monetary policies of the major industrial nations.
 

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Contents

VI
3
VII
4
VIII
21
IX
26
X
29
XI
34
XII
38
XIII
43
XXIV
87
XXV
91
XXVI
94
XXVII
95
XXVIII
97
XXIX
99
XXX
102
XXXI
105

XIV
46
XV
50
XVI
55
XVII
57
XVIII
61
XIX
63
XX
72
XXI
77
XXII
79
XXIII
84
XXXII
107
XXXIII
111
XXXIV
114
XXXV
116
XXXVI
117
XXXVII
119
XXXVIII
125
XXXIX
131
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About the author (2013)

 Christian Saint-Etienne recevied a Ph.D. from the Sorbonne. He worked for the International Monetary Fund from 1981 to 1983, when he joined the Organization for Economic Cooperation and Development, where he specializes in the economies of industrialized countries.

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