The Defining Moment: The Great Depression and the American Economy in the Twentieth Century
Michael D. Bordo, "The Defining Moment: The Great Depression and the American Economy in the Twentieth Century "
English | ISBN: 0226065898 | 1998 | 492 pages | AZW3 | 628 KB
English | ISBN: 0226065898 | 1998 | 492 pages | AZW3 | 628 KB
In contemporary American political discourse, issues related to the scope, authority, and the cost of the federal government are perennially at the center of discussion. Any historical analysis of this topic points directly to the Great Depression, the "moment" to which most historians and economists connect the origins of the fiscal, monetary, and social policies that have characterized American government in the second half of the twentieth century. In the most comprehensive collection of essays available on these topics, The Defining Moment poses the question directly: to what extent, if any, was the Depression a watershed period in the history of the American economy? This volume organizes twelve scholars' responses into four categories: fiscal and monetary policies, the economic expansion of government, the innovation and extension of social programs, and the changing international economy. The central focus across the chapters is the well-known alternations to national government during the 1930s.
Read more