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Contains primary source material.
“Magisterial. . . . The direct and indirect influence of the Monetary History would be difficult to overstate.”—Ben S. Bernanke, Nobel Prize–winning economist and former chair of the U.S. Federal Reserve From Nobel Prize–winning economist Milton Friedman and his celebrated colleague Anna Jacobson Schwartz, one of the most important economics books of the twentieth century—the landmark work that rewrote the story of the Great Depression and the understanding of monetary policy Milton Friedman and Anna Jacobson Schwartz’s A Monetary History of the United States, 1867–1960 is one of the most influential economics books of the twentieth century. A landmark achievement, it marshaled massive historical data and sharp analytics to argue that monetary policy—steady control of the money supply—matters profoundly in the management of the nation’s economy, especially in navigating serious economic fluctuations. One of the book’s most important chapters, “The Great Contraction, 1929–33” addressed the central economic event of the twentieth century, the Great Depression. Friedman and Schwartz argued that the Federal Reserve could have stemmed the severity of the Depression, but failed to exercise its role of managing the monetary system and countering banking panics. The book served as a clarion call to the monetarist school of thought by emphasizing the importance of the money supply in the functioning of the economy—an idea that has come to shape the actions of central banks worldwide.
In its brief seven-year existence, the Freedmen’s Bureau became the epicenter of the debate about Reconstruction. Historians have only recently begun to focus on the Bureau’s personnel in Texas, the individual agents termed the “hearts of Reconstruction.” Specifically addressing the historiographical debates concerning the character of the Bureau and its sub-assistant commissioners (SACs), Too Great a Burden to Bear sheds new light on the work and reputation of these agents. Focusing on the agents on a personal level, author Christopher B. Bean reveals the type of man Bureau officials believed qualified to oversee the Freedpeople’s transition to freedom. This work shows that each agent, moved by his sense of fairness and ideas of citizenship, gender, and labor, represented the agency’s policy in his subdistrict. These men further ensured the former slaves’ right to an education and right of mobility, something they never had while in bondage.
This book examines the transition from slavery to free labor during the tumultuous first months after the Civil War. Letters and testimony by the participants--former slaves, former slaveholders, Freedmen's Bureau agents, and others-reveal the connection between developments in workplaces across the South and an intensifying political contest over the meaning of freedom and the terms of national reunification. Essays by the editors place the documents in interpretive context and illuminate the major themes.
Includes appendices.
Vols. for 1933- include the societys Farmers' guide to agricultural research.