Lessons from the Great Depression

Overview

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. ...

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Overview

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.Peter
Temin is Professor of Economics at MIT.

The MIT Press

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Editorial Reviews

Booknews
Based on the proceedings of an October 1986 conference in Philadelphia. Topics include the intergenerational transfer of resources, the role of employers, reimbursement changes, Medigap, health promotion and prevention, long-term care provisions, and options for the future of Medicare. Temin economics, MIT provides a brief but powerful view of the Depression, covering the experience in Britain, France, and the US. He describes the causes and effects of the Depression as well as the eventual recovery. He explains events within a unified Keynesian model of the international economy, and suggests contemporary applications. Annotation c. Book News, Inc., Portland, OR booknews.com
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Product Details

  • ISBN-13: 9780262700443
  • Publisher: MIT Press
  • Publication date: 10/8/1991
  • Series: Lionel Robbins Lectures
  • Edition description: MIT Press Paperback Edition
  • Edition number: 1
  • Pages: 211
  • Product dimensions: 5.20 (w) x 7.90 (h) x 0.50 (d)

Meet the Author

Peter Temin is Elisha Gray II Professor of Economics at MIT.
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