The World in Depression, 1929 1939

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Univ of California Press, Jan 7, 2013 - Business & Economics - 336 pages
The World in Depression is the best book on the subject, and the subject, in turn, is the economically decisive decade of the century so far.”—John Kenneth Galbraith

"[Kindleberger] has written perhaps the finest analytical account of the run-up to the Great Depression and the ensuing run-down from it into mild recovery and eventual world war. [This] brilliant book remains a carefully documented admonition to our leading spirits to 'look to the ends' of what they are currently about."—Times Literary Supplement

"Charles Kindleberger's The World in Depression opened American eyes to the failures of interdependence behind the First Great Depression. DeLong and Eichengreen render great service by bringing this history to today's readers, with a preface that notes grim parallels and rephrases urgent questions for the Eurozone and for the wider world. You can't go wrong by reading Kindleberger—and better late than never."—James K. Galbraith, author of Inequality and Instability: A Study of the World Economy Just Before the Great Crisis.

 

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Contents

Foreword
5
The Beginnings of Recovery
232
The Gold Bloc Yields
247
The 1937 Recession
262
Rearmament in a Disintegrating World Economy
278
An Explanation of the 1929 Depression
291
Bibliography
309
Index
323
Copyright

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About the author (2013)

Charles P. Kindleberger (1910-2003) was an economic historian at the Massachusetts Institute of Technology. Educated at the University of Pennsylvania and Columbia University, he worked for the Federal Reserve Bank of New York and the Bank for International Settlements before serving on the Board of Governors of the Federal Reserve System from 1940 to 1942. After the Second World War, he became a leading architect of the Marshall Plan. He joined the economics faculty at MIT in 1948 and retired in 1976 as the Ford International Professor of Economics.

J. Bradford DeLong is Professor of Economics at the UC Berkeley and Research Associate at the National Bureau of Economic Research. From 1993-1995, he was Deputy Assistant Secretary of the U.S. Treasury for Economic Policy.

Barry J. Eichengreen is the George C. Pardee and Helen N. Pardee Professor of Economics and Professor of Political Science at UC Berkeley. He is a Research Associate at the National Bureau of Economic Research, Research Fellow of the Centre for Economic Policy Research (London, England), and has been a Senior Policy Advisor at the International Monetary Fund.

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