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Author: Milton Friedman Publisher: Princeton University Press ISBN: 1400846854 Category : Business & Economics Languages : en Pages : 299
Book Description
Friedman and Schwartz's A Monetary History of the United States, 1867-1960, published in 1963, stands as one of the most influential economics books of the twentieth century. A landmark achievement, the book marshaled massive historical data and sharp analytics to support the claim 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. The chapter entitled "The Great Contraction, 1929-33" addressed the central economic event of the century, the Great Depression. Published as a stand-alone paperback in 1965, The Great Contraction, 1929-1933 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 ameliorating 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--a concept that has come to inform the actions of central banks worldwide. This edition of the original text includes a new preface by Anna Jacobson Schwartz, as well as a new introduction by the economist Peter Bernstein. It also reprints comments from the current Federal Reserve chairman, Ben Bernanke, originally made on the occasion of Milton Friedman's 90th birthday, on the enduring influence of Friedman and Schwartz's work and vision.
Author: Milton Friedman Publisher: Princeton University Press ISBN: 1400846854 Category : Business & Economics Languages : en Pages : 299
Book Description
Friedman and Schwartz's A Monetary History of the United States, 1867-1960, published in 1963, stands as one of the most influential economics books of the twentieth century. A landmark achievement, the book marshaled massive historical data and sharp analytics to support the claim 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. The chapter entitled "The Great Contraction, 1929-33" addressed the central economic event of the century, the Great Depression. Published as a stand-alone paperback in 1965, The Great Contraction, 1929-1933 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 ameliorating 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--a concept that has come to inform the actions of central banks worldwide. This edition of the original text includes a new preface by Anna Jacobson Schwartz, as well as a new introduction by the economist Peter Bernstein. It also reprints comments from the current Federal Reserve chairman, Ben Bernanke, originally made on the occasion of Milton Friedman's 90th birthday, on the enduring influence of Friedman and Schwartz's work and vision.
Author: William E. Leuchtenburg Publisher: Macmillan ISBN: 1429933496 Category : Biography & Autobiography Languages : en Pages : 208
Book Description
The Republican efficiency expert whose economic boosterism met its match in the Great Depression Catapulted into national politics by his heroic campaigns to feed Europe during and after World War I, Herbert Hoover—an engineer by training—exemplified the economic optimism of the 1920s. As president, however, Hoover was sorely tested by America's first crisis of the twentieth century: the Great Depression. Renowned New Deal historian William E. Leuchtenburg demonstrates how Hoover was blinkered by his distrust of government and his belief that volunteerism would solve all social ills. As Leuchtenburg shows, Hoover's attempts to enlist the aid of private- sector leaders did little to mitigate the Depression, and he was routed from office by Franklin D. Roosevelt in 1932. From his retirement at Stanford University, Hoover remained a vocal critic of the New Deal and big government until the end of his long life. Leuchtenburg offers a frank, thoughtful portrait of this lifelong public servant, and shrewdly assesses Hoover's policies and legacy in the face of one of the darkest periods of American history.
Author: Milton Friedman Publisher: Princeton University Press ISBN: 140082933X Category : Business & Economics Languages : en Pages : 889
Book Description
“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.
Author: William Smaldone Publisher: Lexington Books ISBN: 0739132113 Category : History Languages : en Pages : 336
Book Description
The stories of the individual men and women who led German Social Democracy's failed efforts to fend off the Nazi onslaught in 1933 have largely been lost in the wake of the cataclysmic war, the Holocaust, and the division of Europe that followed Hitler's victory. Confronting Hitler recovers their stories and places them at center stage. In a series of biographical essays focusing on the experiences of ten leading Social Democratic activists, Smaldone examines their defeat in 1933 from the perspective of individuals enmeshed in political struggle. This study reveals what aspects of these activists' lives were most important in shaping their political outlook during the republic's final crisis and it illustrates the key factors that guided their actions in the effort to keep the republic alive. In addition, the biographies raise the important issue of the degree to which the defeat of German Social Democracy in 1933 is comparable to the experiences of other democratic socialist movements in the twentieth century.
Author: Paul Jankowski Publisher: HarperCollins ISBN: 0062433539 Category : History Languages : en Pages : 561
Book Description
A narrative history, cinematic in scope, of a process that was taking shape in the winter of 1933 as domestic passions around the world colluded to drive governments towards a war few of them wanted and none of them could control. All Against All is the story of the season our world changed from postwar to prewar again. It is a book about the power of bad ideas—exploring why, during a single winter, between November 1932 and April 1933, so much went so wrong. Historian Paul Jankowski reveals that it was collective mentalities and popular beliefs that drove this crucial period that sent nations on the path to war, as much as any rational calculus called “national interest.” Over these six months, collective delusions filled the air. Whether in liberal or authoritarian regimes, mass participation and the crowd mentality ascended. Hitler came to power; Japan invaded Jehol and left the League of Nations; Mussolini looked towards Africa; Roosevelt was elected; France changed governments three times; and the victors of 1918 fell out acrimoniously over war debts, arms, currency, tariffs, and Germany. New hopes flickered but not for long: a world economic conference was planned, only to collapse when the US went its own way. All Against All reconstructs a series of seemingly disparate happenings whose connections can only be appraised in retrospect. As he weaves together the stories of the influences that conspired to lead the world to war, Jankowski offers a cautionary tale relevant for western democracies today. The rising threat from dictatorial regimes and the ideological challenge presented by communism and fascism gave the 1930s a unique face, just as global environmental and demographic crises are coloring our own. While we do not know for certain where these crises will take us, we do know that those of the 1930s culminated in the Second World War.
Author: James G. Mcilroy Publisher: Vantage Press, Inc ISBN: 9780533155675 Category : Biography & Autobiography Languages : en Pages : 276
Book Description
A Military Attache in Japan (1929-1933), a work of history with the soul of a novel, is the compelling memoir of the late United States Army Colonel James G. McIlroy's service in Japan as Military Attache from 1929 to 1933. Brought to life with sensitivity by the author's daughter, Jane S. McIlroy, Colonel McIlroy's narrative takes readers on a wondrous journey through mid-twentieth-century political and military events. At the same time. Colonel McIlroy writes in delicious detail about his own military career, describing his appointment and ultimate service in Japan. He is an observant traveler. Come along with the Colonel as he creates vivid and revealing pictures of the Japanese Emperor and his family, Shinto ceremonies, elegant dinners, Japanese baths, and beautiful geishas in attendance at diplomatic functions. Interestingly, underlying much of the diplomatic context is Colonel McIlroy's main task-to learn how best to bomb Japan. It is information that will have a profound impact on history. Book jacket.
Author: Milton Friedman
Author: Milton Friedman
Author: William E. Leuchtenburg
Author: John Kenneth Galbraith
Author: Michael A. Bernstein
Author: Milton Friedman
Author: William Smaldone
Author: Paul Jankowski
Author: Herbert Hoover
Author: James G. Mcilroy
Author: Pamela E. Swett