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The Forgotten Man: A New History of the Great Depression
It's Difficult Today To Imagine How America Survived The Great Depression--only Through The Stories Of The Common People Who Struggled During That Era Can We Really Understand It. These People Are At ...The Heart Of This Reinterpretation Of One Of The Most Crucial Events Of The Twentieth Century. Author Shlaes Presents The Neglected And Moving Stories Of Individual Americans, And Shows How Through Brave Leadership They Helped Establish The Steadfast Character We Developed As A Nation. Shlaes Also Traces The Mounting Agony Of The New Dealers Themselves As They Discovered Their Errors. She Shows How Both Hoover And Roosevelt Failed To Understand The Prosperity Of The 1920s And Heaped Massive Burdens On The Country That More Than Offset The Benefit Of New Deal Programs. The Real Question About The Depression, She Argues, Is Not Whether Roosevelt Ended It--it Is Why It Lasted So Long.--from Publisher Description. 1. The Beneficent Hand -- 2. The Junket -- 3. The Accident -- 4. The Hour Of The Vallar -- 5. The Experimenter -- 6. A River Utopia -- 7. A Year Of Prosecutions -- 8. The Chicken Verses The Eagle -- 9. Roosevelt's Wager -- 10. Mellon's Gift -- 11. Roosevelt's Revolution -- 12. The Man In The Brooks Brothers Shirt -- 13. Black Tuesday, Again -- 14. Brace Up, America -- 15. Willkie's Wager -- Coda. Amity Shlaes. Includes Bibliographical References (p. [415]-433) And Index.
Hard Times: An Oral History of the Great Depression
In this unique re-creation of one of the most dramatic periods in modern American history, Studs Terkel recaptures the Great Depression of the 1930s in all its complexity. The book is a mosaic of memo...ries from those who were richest to those who were most destitute: politicians like James Farley and Raymond Moley; businessmen like Bill Benton and Clement Stone; a six-day bicycle racer; artists and writers; racketeers; speakeasy operators, strikers, and impoverished farmers; people who were just kids; and those who remember losing a fortune. Hard Times is not only a gold mine of information—much of it little known—but also a fascinating interplay of memory and fact, showing how the Depression affected the lives of those who experienced it firsthand, often transforming the most bitter memories into a surprising nostalgia. A reissue of Terkel's classic work, with a new introduction by the author.
America's Great Depression
By Murray N. Rothbard. This Edition Is Cosponsored By The Institute For Humane Studies, Inc.--t.p. Verso. Includes Bibliographical References And Index.
The Great Depression: A Diary
When the stock market crashed in 1929, Benjamin Roth was a young lawyer in Youngstown, Ohio. After he began to grasp the magnitude of what had happened to American economic life, he decided to set dow...n his impressions in his diary.This collection of those entries reveals another side of the Great Depression—one lived through by ordinary, middle-class Americans, who on a daily basis grappled with a swiftly changing economy coupled with anxiety about the unknown future. Roth’s depiction of life in time of widespread foreclosures, a schizophrenic stock market, political unrest and mass unemployment seem to speak directly to readers today. Library Journal A Youngstown, OH, attorney during the Great Depression, Roth emerges as researcher and author in this diary, edited by his son Daniel Roth and James Ledbetter (editor, The Big Money, Slate.com). Tracking both the social evolution in his town and the disruptions to the American economy during the 1930s and early 1940s, Roth wrote clearly, with an attorney's eye for detail about the drastic changes occurring; modern readers will see striking parallels between the economy then and now. Roth, an active Republican, clearly explained why he disagreed with New Deal policies and why he ultimately adjusted his reactions. Editors' notes add needed historical information to clarify Roth's explanations of market trends and events that might otherwise be fuzzy to today's average reader. Though the stock market quotes can become rather tedious, they are still helpful for comparing to trends historical and current. VERDICT This diary, while not rich in personal detail, is an excellent choice for those interested in the local and economic impact of the Great Depression.—Sara Miller, Atlanta-Fulton P.L. Syst., GA
The Politically Incorrect Guide to the Great Depression and the New Deal
Everything you know about the Great Depression and the New Deal is wrong We all learned in school that the 1920s were a time of unregulated capitalism that led to the stock market Crash of 1929 and th...e Great Depression of the 1930s. Herbert Hoover was a laissez-faire ideologue who did nothing to alleviate the crisis--even as citizens starved and were forced to live in "Hoovervilles." And the interventionist policies and massive spending programs of Franklin D. Roosevelt's New Deal gradually lifted us out of the Depression, until World War II brought it to a definitive end. The only trouble with this official narrative--taught in most history textbooks, and proclaimed as gospel by the media--is that every element of it is false. Worse, this unsubstantiated myth is now being used to justify a "new New Deal" in response to today's economic crisis that could lead to a Greater Depression even deeper and longer than the first. But in The Politically Incorrect Guide to the Great Depression and the New Deal, economist Robert Murphy fact-checks the myths, shows why they're wrong, and delves deep into history to set the record straight. His "politically incorrect" conclusion? It was government, not free markets, that caused the Great Depression--and the New Deal only made it worse. The real "lessons of the Great Depression" are not what you've been taught. * The Crash of '29 was caused not by capitalism, but by the boom brought on by the newly created Federal Reserve's easy money policy (sound familiar?) * Hoover made the Depression "Great" precisely by abandoning the laissez-faire approach that previous presidents had followed and that kept depressions short * The bank runsof the 1930s were caused by government intervention in the banking system * Government efforts to prop up wages and prices led to a full decade of double-digit unemployment * FDR's arbitrary policies toward businessmen resulted in net investment of less than zero for much of the Depression Might Barack Obama be the new FDR? You'll know, after reading The Politically Incorrect Guide to the Great Depression and the New Deal that if he is, that's nothing to celebrate.
Children of the Great Depression
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The Great Depression and the New Deal: A Very Short Introduction
The New Deal shaped our nation's politics for decades, and was seen by many as tantamount to the "American Way" itself. Now, in this superb compact history, Eric Rauchway offers an informed account of... the New Deal and the Great Depression, illuminating its successes and failures. Rauchway first describes how the roots of the Great Depression lay in America's post-war economic policies—described as "laissez-faire with a vengeance"—which in effect isolated our nation from the world economy just when the world needed the United States most. He shows how the magnitude of the resulting economic upheaval, and the ineffectiveness of the old ways of dealing with financial hardships, set the stage for Roosevelt's vigorous (and sometimes unconstitutional) Depression-fighting policies. Indeed, Rauchway stresses that the New Deal only makes sense as a response to this global economic disaster. The book examines a key sampling of New Deal programs, ranging from the National Recovery Agency and the Securities and Exchange Commission, to the Public Works Administration and Social Security, revealing why some worked and others did not. In the end, Rauchway concludes, it was the coming of World War II that finally generated the political will to spend the massive amounts of public money needed to put Americans back to work. And only the Cold War saw the full implementation of New Deal policies abroad—including the United Nations, the World Bank, and the International Monetary Fund. Today we can look back at the New Deal and, for the first time, see its full complexity. Rauchway captures this complexity in a remarkably short space, making this book an ideal introduction to one of the great policy revolutions in history. About the Series: Combining authority with wit, accessibility, and style, Very Short Introductions offer an introduction to some of life's most interesting topics. Written by experts for the newcomer, they demonstrate the finest contemporary thinking about the central problems and issues in hundreds of key topics, from philosophy to Freud, quantum theory to Islam.
What Was the Great Depression?
For Use In Schools And Libraries Only. On October 29, 1929, Life In The United States Took A Turn For The Worst. The Stock Market - The System That Controls Money In America - Plunged To A Record Low.... But This Event Was Only The Beginning Of Many Bad Years To Come. By The Early 1930s, One Out Of Three People Was Not Working. People Lost Their Jobs, Their Houses, Or Both And Ended Up In Shantytowns Called Hoovervilles Named For The President At The Time Of The Crash. By 1933, Many Banks Had Gone Under. Though The U.s. Has Seen Other Times Of Struggle, The Great Depression Remains One Of The Hardest And Most Widespread Tragedies In American History. Now It Is Represented Clearly And With 80 Illustrations In Our What Was...? Series.
The Great Depression: America 1929-1941
One of the classic studies of the Great Depression, featuring a new introduction by the author with insights into the economic crises of 1929 and today. In the twenty-five years since its pub...lication, critics and scholars have praised historian Robert McElvaine’s sweeping and authoritative history of the Great Depression as one of the best and most readable studies of the era. Combining clear-eyed insight into the machinations of politicians and economists who struggled to revive the battered economy, personal stories from the average people who were hardest hit by an economic crisis beyond their control, and an evocative depiction of the popular culture of the decade, McElvaine paints an epic picture of an America brought to its knees—but also brought together by people’s widely shared plight. In a new introduction, McElvaine draws striking parallels between the roots of the Great Depression and the economic meltdown that followed in the wake of the credit crisis of 2008. He also examines the resurgence of anti-regulation free market ideology, beginning in the Reagan era, and argues that some economists and politicians revised history and ignored the lessons of the Depression era. Repackaged to tie-in to a forthcoming PBS series on the Great Depression scheduled to air in October, this perennially popular work is fully revised to include new scholarship published over the last eight years. One of the country's premier scholars on the subject, McElvaine is consulting historian to the PBS documentary. Photos throughout.
The Great Depression: A History from Beginning to End [booklet]
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