Essays on the Great Depression

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Princeton University Press, 2000 - Business & Economics - 310 pages
4 Reviews

Few periods in history compare to the Great Depression. Stock market crashes, bread lines, bank runs, and wild currency speculation were worldwide phenomena--all occurring with war looming in the background. This period has provided economists with a marvelous laboratory for studying the links between economic policies and institutions and economic performance. Here, Ben Bernanke has gathered together his essays on why the Great Depression was so devastating.


This broad view shows us that while the Great Depression was an unparalleled disaster, some economies pulled up faster than others, and some made an opportunity out of it. By comparing and contrasting the economic strategies and statistics of the world's nations as they struggled to survive economically, the fundamental lessons of macroeconomics stand out in bold relief against a background of immense human suffering. The essays in this volume present a uniquely coherent view of the economic causes and worldwide propagation of the depression.


 

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User Review  - walbat - LibraryThing

Ben Bernanke is, of course, the current chairman of the Federal Reserve Board and a key architect of the government response to the 2008-2009 financial crisis. Before that, however, he was a Princeton ... Read full review

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DONALD TRUMP!!!!!!!!!!!!!!!!!!!!!!!!!!!!! 

Contents

II
5
III
41
IV
70
V
108
VI
163
VII
206
VIII
247
IX
255
X
276
XI
303
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About the author (2000)

Ben Shalom. Bernanke was born on December 13, 1953 in Augusta, Georgia and was raised in Dillon, South Carolina. He has a Bachelor of Arts degree and a Masters in Economics from Harvard University and a Ph.d in in Economics from Massachusetts Institute of Technology. Bernanke taught at Stanford Graduate School of Business and New York University. He was a professor of economics at Princeton University. He served as chairman of the Federal Reserve from 2006 to 2014. Time magazine named him "Person of the Year" in 2009. Since leaving public servce he has changed his political affiliation from Republican to a moderate Independent. He and his wife Anna have two children.In 2015, his larest book, "The Courage to Act: A Memoir of a Crisis and its Aftermath," became a New York Times bestseller.

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