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The decade of the 1920s is colloquially known as the Roaring Twenties, when modernity came to the U.S. and the World, ushering in a decade of unbounded growth and new-found optimism. GDP growth was particularly strong, as was employment and investment. However, as counterintuitive as it may sound or appear, the 1920s were also years of stagnation, stagnation that owed to the fact that the new, greater potential was not being fully exploited. In other words, while things were great, they still fell short of the potential that had been created, resulting in a form of "growth stagnation." That is, stagnation in the midst of what was exceptional growth. Bernard C. Beaudreau is Professor of Economics at Université Laval in Quebec, Canada.
In this Volume, the various measures taken by successive Administrations to fully utilize the new-found potential are examined critically. These include the Smoot-Hawley Tariff Act of 1930, the National Industrial Recovery Act of 1933 and the National Labor Relations Act of 1935. The readings in this case consist of my own published work on the topic over the course of the past decade. The articles in question set out to do two things, namely situate the relevant policy measure in the appropriate historical context, namely the presence of output gaps, and second, evaluate the efficacy or wisdom of the proposed policy measures. For example, contrary to popular belief, the Smoot-Hawley Tariff Act was a response to growing excess-capacity-related stagnation in the form of unemployment. Evidence is presented which shows that the output gaps referred to above were clearly on the minds of Ranking Republicans at the Kansas City National Convention in June 1928.
Paul "Mousie" Garner's career as a stooge (a "fall guy" or "assistant" to the head clown) began in vaudeville, when he and his partner were firing off jokes and one-liners, as well as leaping over oil-drums. Another part of the act, which could run as often as five times a day, involved Garner getting smashed over the head with plastic ukuleles. Garner's big break came when, across town, funnyman Ted Healy parted ways with his sidekicks, who went on to greater fame as The Three Stooges. Garner was then hired as a replacement stooge-and soon learned that Healy, unlike other slapstick comedians, actually slapped his partners in the face instead of just pretending. Thus was Garner given his first real lesson in the fine arts of stooging, which demanded quick reflexes and perfect timing. In fact, it was Healy who came up with the nickname "Mousie" because Garner was always so jumpy, nervous and quick. Needless to say the name stuck; and Mousie Garner would go on to form "The Rollicking Mousie Garner Trio," join the touring "New Stooges," and work steadily in radio, television, theater, clubs and movies.
A novel of transcendental horror and vengeance from the author of The Well and The Jonah Watch. In the heart of the deep south, where memories of a war long over still simmer, Dan McDowell is pursued by a chilling apparition—the spectral image of his great-grandfather... a family horror almost too awful to comprehend. Destined to learn the secret of his family’s past, McDowell is constrained to repeat—in the name of honor and Southern chivalry—the heinous crime of his ancestor, an act required, demanded by his ghost...
From the invention of eyeglasses to the Internet, this three-volume set examines the pivotal effects of inventions on society, providing a fascinating history of technology and innovations in the United States from the earliest European colonization to the present. Technical Innovation in American History surveys the history of technology, documenting the chronological and thematic connections between specific inventions, technological systems, individuals, and events that have contributed to the history of science and technology in the United States. Covering eras from colonial times to the present day in three chronological volumes, the entries include innovations in fields such as architecture, civil engineering, transportation, energy, mining and oil industries, chemical industries, electronics, computer and information technology, communications (television, radio, and print), agriculture and food technology, and military technology. The A–Z entries address key individuals, events, organizations, and legislation related to themes such as industry, consumer and medical technology, military technology, computer technology, and space science, among others, enabling readers to understand how specific inventions, technological systems, individuals, and events influenced the history, cultural development, and even self-identity of the United States and its people. The information also spotlights how American culture, the U.S. government, and American society have specifically influenced technological development.