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Between 1920 and 1945, America transformed from a nation that had isolated itself from the rest of the world after World War I to the globe's strongest democracy after the Allied victory in World War II. The contributors to this volume explore the events and people that shaped the era.
"For further reading": pages 336-352.
Offering a powerful interpretation of U.S. political economy from the early-1930s to the end of the Cold War, this resource refutes many popular myths about the Great Depression and New Deal, the World War II economy, and the postwar national-security state that is still so pervasive today. What accounts for the extraordinary duration of the Great Depression? How did the war alter relations between government and leaders of big business? What is Congress’s role in the military-industrial-congressional complex? This book answers these and other crucial questions by presenting new insights and analyses along with statistical evidence that defies mainstream interpretation of economic history.
Experts on the 1930s address the changing historical interpretations of a critical period in American history. Following a decade of prosperity, the Great Depression brought unemployment, economic ruin, poverty, and a sense of hopelessness to millions of Americans. President Franklin D. Roosevelt's New Deal programs aimed to bring relief, recovery, and reform to the masses. The contributors to this volume exlore how historians have judged the nature, effects, and outcomes of the New Deal.
This volume focuses on the US domestic politics of the inter-war period. The author examines not only the role played by the Wall Street Crash in the depression, but also the transition and attendant tensions in society.
This unique volume offers a definitive new history of European economies at war from 1914 to 1918. It studies how European economies mobilised for war, how existing economic institutions stood up under the strain, how economic development influenced outcomes and how wartime experience influenced post-war economic growth. Leading international experts provide the first systematic comparison of economies at war between 1914 and 1918 based on the best available data for Britain, Germany, France, Russia, the USA, Italy, Turkey, Austria-Hungary and the Netherlands. The editors' overview draws some stark lessons about the role of economic development, the importance of markets and the damage done by nationalism and protectionism. A companion volume to the acclaimed The Economics of World War II, this is a major contribution to our understanding of total war.
One of the effects of World War I was prosperity in the United States in the 1920s. However, by the end of that decade, the US plummeted into a severe depression. The Great Depression inspired events and sentiments that would be carried into the next great conflict, World War II. This book examines the causes and effects of the Great Depression, key players during the era, and what implications this era of history had on events and conflicts in future generations.
Lessons from the Great Depression provides an integrated view of the depression, covering the experience in Britain, France, Germany, and the United States. Do events of the 1930s carry a message for the 1990s? Lessons from the Great Depression provides an integrated view of the depression, covering the experience in Britain, France, Germany, and the United States. It describes the causes of the depression, why it was so widespread and prolonged, and what brought about eventual recovery. Peter Temin also finds parallels in recent history, in the relentless deflationary course followed by the U.S. Federal Reserve Board and the British government in the early 1980s, and in the dogged adherence by the Reagan administration to policies generated by a discredited economic theory—supply-side economics.
A New York Times best-selling call to arms from Nobel Prize–winning economist Paul Krugman. The Great Recession is more than four years old—and counting. Yet, as Paul Krugman points out in this powerful volley, "Nations rich in resources, talent, and knowledge—all the ingredients for prosperity and a decent standard of living for all—remain in a state of intense pain." How bad have things gotten? How did we get stuck in what now can only be called a depression? And above all, how do we free ourselves? Krugman pursues these questions with his characteristic lucidity and insight. He has a powerful message for anyone who has suffered over these past four years—a quick, strong recovery is just one step away, if our leaders can find the "intellectual clarity and political will" to end this depression now.