The Great Depression: Delayed Recovery and Economic Change in America, 1929â 1939 (Studies in Economic History and Policy: USA in the Twentieth Century)

Bernstein, Michael A.

ISBN 10: 0521379857 / ISBN 13: 9780521379854

Editore: Cambridge University Press, 1989

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The book is in good condition with all pages and cover intact, including the dust jacket if originally issued. The spine may show light wear. Pages may contain some notes or highlighting, and there might be a "From the library of" label. Boxed set packaging, shrink wrap, or included media like CDs may be missing.

Codice articolo BSM.14BEE

Dati bibliografici

• Titolo: The Great Depression: Delayed Recovery and Economic Change in America, 1929â 1939 (Studies in Economic History and Policy: USA in the Twentieth Century)
• Editore: Cambridge University Press
• Data di pubblicazione: 1989
• Lingua: Inglese
• ISBN 10: 0521379857
• ISBN 13: 9780521379854
• Rilegatura: Brossura
• Condizione: good

Descrizione articolo

Riassunto

This 1988 book focusses on why the American economy failed to recover from the downturn of 1929–33.

Recensione

'Bernstein focuses on the real puzzle of the 1930s: why did the economy fail to recover from the downturn of 1929–1933? he presents a convincing case that there were important long-run tendencies within the economy that are crucial to understanding this failure. His approach cuts across the more traditional explanations which have been for the most part tests of economic theories rather than historical explanations of the depression. Bernstein's book is, in a word, impressive.' Roger Ransom, University of California, Riverside

'This book makes an excellent case for the argument that sectoral transformation was an important contributing factor to the length of the Great Depression. It also points out the importance of including sectoral change in all economic histories of the twentieth century.' John Joseph Wallis, Journal of Economic History

'Michael Bernstein changes the nature of the recent debate about the aftermath of the great Depression. Instead of the familiar but now sterile arguments about macroeconomic aggregates, Bernstein forces us to consider long-term secular change. From a wealth of detail about individual industries emerges a bold thesis about the interwar economy. His work is ambitious and substantial. His arguments represent a major challenge to received wisdom. No small achievement.' Michael Weinstein, Reviews in American History

'By emphasizing both cyclical and secular factors and by showing that some sectors of the economy demonstrated technological dynamism during the 1930s, this book performs a valuable service.' Peter Fearon, Economic History Review